2. Section 5 of the Employees' Provident Fund Act, Amendment No. 15 of 1958 (hereinafter referred to as the "principal of Act No" 15 enactment") is hereby amended in subsection (1) thereof of 1958. as follows; -
| (1) by the insertion immediately after paragraph (o) thereof, of the following new paragraph : -
| | " (bb) the Board shall determine with the concurrence of the Minister, the amount of surcharge to be distributed, among the members affected by the failure of their employers to pay the contributions due from him to the Fund, on the day such contribution is due, out of the money received by way of surcharge under the provisions of section 16 ; " ; and | | |
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| (2) by the substitution for paragraph (k) thereof, of the following paragraph :-
| | " (k) shall deduct from the income from the investment of moneys of the Fund, the expenses incurred by the Board and the Commissioner in carrying out their respective functions under this Act; ". | | |
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Sri Lanka Consolidated Acts