16. Section 48 of the principal enactment is hereby amended by the repeal of subsection 3 of that section and the substitution therefor of the following subsection :
| " (3) Where, on or after the appointed date but before the relevant date, a bachelor ceases to make contributions under this Ordinance while in the public service owing to the expiry of his maximum period of contribution, he shall be granted the refund of the entirety of his contributions under this Ordinance with compound interest thereon at two and a half per centum per annum.". |
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Sri Lanka Consolidated Acts