View All - 1980 Acts
Section No :  
Acts & Ordinances
EMPLOYEES' TRUST FUND
Marginal Notes
1. This Act may be cited as the Employees' Trust Fund Act, No. 46 of 1980.
2. Application of this Act.
3. Establishment of Employees' Trust Fund.
4. Establishment of Employees' Trust Fund Board.
5. Member of the Board.
6. Remuneration of members of the Board.
7. The objects of the Board.
8. Powers and duties of the Board.
9. Investments.
10. Audit of accounts of the Board.
11. Reports from the Consolidated Fund to the Board.
12. Payment from the Consolidated Fund to the Board.
13. Payment of tax on income.
14. Dividends.
15. Membership of the Fund.
16. Contributions by employer in respect of employee.
17. Contributions by certain employers to whom Act No.15 of 1958 applies.
18. Self- employed person to notify Board of his willingness to become a member of the Fund.
19. Power of Board to call for return from person sending notice under section 11.
20. Contributions by self-employed persons.
21. Time at which the benefits will be paid.
22. Interest on contributions, &c.
23. Payment of benefits to the employee on termination of employment.
24. Payment of benefits on termination of employment due to disablement.
25. Payment of benefits on death of employee,
26. Board to issue directions to employers in respect of reduced contribution.
27. Employer to pay surcharge where any contributions have not been paid.
28. Mode of recovery of moneys due to the Fund.
29. Employer not to reduce earnings of employee to pay contribution.
30. Employer not to deduct any sum which he is liable to pay.
31. Sum due from, any employer to be first charge on assets.
32. Assignment of sum lying to the credit of employee void.
33. Claims to be determined by the Board.
34. Appeal against order of the Board.
35. Registers forms and returns.
36. Appointment of officers and servants.
37. Board or officer authorized by if to issue directions to employer.
38. Powers of member of the Board or authorized officer to inspect premises &c.
39. Offences and penalties.
40. Liability of certain persons in respect of offences committed by bodies corporate or unincorporate.
41. prosecution for an to be instituted without sanction of the Board.
42. Prosecution under this Act no bar to a civil action.
43. Regulations.
44. Interpretation.