47.
| (1) When the account of any contributor is closed as provided in section 46, the Treasurer shall, subject to the provisions of section 48, pay to that contributor the full amount lying to the credit of his account in the provident fund. |
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| (2) Where a contributor, before he has completed his age of voluntary retirement, ceases to be employed by, or terminates in any manner his employment with, the University, the Treasurer shall, subject to the provisions of section 48, pay to that contributor the full amount which has accumulated to the credit of his account in the provident fund at the date on which he has ceased to be so employed, or on the date on which he voluntarily left, as the case may be. |
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| (3) Where a contributor dies while in the service of the University, the Treasurer shall, subject to the provisions of section 48, pay the full amount which has accumulated to the credit of the account of that contributor in the provident fund to the estate of the deceased contributor or to the person or persons lawfully entitled thereto. |
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| (4) Where a contributor, before he has completed his age of voluntary retirement, is dismissed from the service of the University, the Treasurer shall, subject to the provisions of section 48, pay to that contributor the amount contributed by him to the provident fund, together with the accumulated interest thereon up to the date of his dismissal. |
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Sri Lanka Consolidated Acts