17. Where an employer to whom the Employees' Provident Fund Act, No. 15 of 1958 applies, has made an election under the provisions of section 11 of that Act to pay to the Employees' Provident Fund established under that Act in respect of each employee employed by Such employer, amp;c contribution of an amount calculated at a percentage -
| (a) of twelve per centum or more, of such employee's total earnings per month, from his employment under such employer, such employer may deduct three per centum from such percentage every month and remit such three per centum to the Fund established under this Act, and continue to contribute the balance after such deduction, to the Employees, Provident Fund; or |
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| (b) of more than nine per centum but less than twelve per centum of such employee's total earnings per month, from his employment under such employer, such employer may, remit such amount as is in. excess of nine per centum to the Fund established under this Act so however that the total amount remitted by such employer to such Fund shall be equal to three per centum of such earnings, and continue to contribute nine per centum of such earnings to the Employees' Provident Fund, |
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Sri Lanka Consolidated Acts