Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Co-Operative Employees Commission Act (No. 12 of 1972) - Sect 24

Security furnished by employees of co-operative societies

24.
(1) A co-operative society shall not require any employee to furnish by way of security an amount in excess of such sum as the Commission may prescribe.
(2) Any cash security furnished by any employee of a co-operative society shall be invested in a bank in the name of the society, and any interest accruing thereon shall be paid to that employee.

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]