Deductions prior to payment from the provident fund
48. Notwithstanding anything in the preceding provisions of this Part of this Act and without prejudice to any other right or remedy, the amount of any loss or damage sustained by the University by reason of the dishonesty or negligence of a contributor at any time during the period of his employment by the University and payments due on any loan taken by the contributor from the University or the Government, shall be a first charge upon the sum lying to the credit of the account of that contributor in the provident fund; and such amount may be deducted at the time any payment is made in accordance with the provisions of section 47. |