8. Section 93 of the principal enactment is hereby amended as follows:-
| (1) by the insertion immediately after subsection (2) of that section of the following subsection :-
| | "(2A)
| | | (a) A contributor may nominate a person (hereinafter In this section referred to as "a nominee ") to whom the monies lying to the credit of the contributor's account in the provident fund shall be paid upon the death of such contributor, |
| (b) A nomination made under paragraph (a) shall have effect notwithstanding anything to the contrary in the last will of the nominator. |
| (c) A nomination made under paragraph (a) shall be deemed to be revoked, by the death of the nominee in the life time of the nominator or by written notice of revocation signed by the nominator in the presence of a witness, who shall attest the signature of the nominator or by any subsequent nomination made by the nominator. |
| (d) No monies lying to the credit of the account of a contributor in the provident fund shall be paid to any nominee of such contributor, unless the nominee satisfies the Secretary of the Commission as to his identity. |
| (e) The handing over of any monies lying to the credit of the account of a contributor in the provident fund to the nominee of such contributor upon the death of such contributor, shall be a complete discharge of the obligations of the Commission in respect of such monies."; |
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| (2) by the repeal of subsection (4) of that section and the substitution of the following subsection therefor:-
| | "(4) Where a contributor dies while in the service of the commission or a Higher Educational Institution, the secretary of the Commission shall, subject to the provisions of section 94, pay the full amount lying to the credit of his account in the provident fund, together with the accumulated interest thereon, to the nominee or nominees nominated under section (2A) or in the absence of a valid nomination, to the person or persons lawfully entitled to such amount,", | | |
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Sri Lanka Consolidated Acts