Sri Lanka Consolidated Acts

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National Aquaculture Development Authority Of Sri Lanka Act (No. 53 of 1998) - Sect 19

Special provisions applicable to certain employees of the Authority

19. The following provisions shall apply to and in relation to any employee of the Authority who became such an employee on the appointed date by virtue of the operation of the provisions of section 18-
(a) such employee shall be employed by the Authority on such terms and conditions as may be agreed upon by such employee and the Board :
(b) if on the appointed date, such employee was a public officer of the Division holding a post declared to be pensionable and who had less than ten and not less than eight years pensionable service, then-
(i) he shall be deemed, for the purposes only of the Minutes on Pensions, to be holding the post in the Division that he held on the appointed date until such period of time as, when added to his pensionable service under the Government, makes an aggregate of ten years pensionable service (service under the Authority being counted as pensionable service under the Government for the computation of such aggregate);
(ii) in respect of him the Authority shall pay out of the funds of the Authority to the Deputy Secretary to the Treasury to be credited to the Consolidated Fund for every complete month of the period of service during which he is deemed for the purposes of the Minutes on Pensions to be holding the post in the Division that he held on the appointed date, such sum as may be determined by the Minister in charge of the subject of Finance ; and
(iii) at the end of the period referred to in sub-paragraph (i) he shall be deemed to have retired from the public service and shall be eligible for such pension under the Minutes on Pensions as would have been awarded to him had he retired from the Public service on the ground of abolition of office on the termination of such period

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