16.The employer of every employee to whom this Act applies shall, in respect of each month during which such employee is employed by such employer, be liable to pay in respect of such employee, to the Fund, on or before the last day of the succeeding month, a contribution of an. amount equal to three per centum of the total earnings of such employee from his employment under such employer during that month.
| (2) The liability of an employer to pay contributions under this section shall commence on the day immediately after the day fixed in relation to such employment by the Minister by Order published in the Gazette, |
|
| (3) Any contribution made under the provisions of sub- section (1) in respect of any employee shall be credited by the Board to the individual account of such employee in the Fund. |
|
|
Sri Lanka Consolidated Acts