Public Service Provident Fund (Amendment) Act 2003 · As enacted
4. Amendment of section 17 of the principal enactment
Official English translation. The Sinhala text prevails.
Official translationFrom Department of Government Printing, unchanged
Section 17 of the principal enactment is hereby amended by the repeal of subsection (1) thereof, and the substitution therefor, of the following new subsection :—
“(1) Subject to the provisions of this
Ordinance, on the death of the contributor :—
if the amount payable does not amount to, or does not exceed in value the sum specified by the provisions of the Civil Procedure
Code (Chapter 101) as being the sum above which the institution of testamentary proceedings is mandatory, the Director of
Pensions shall pay such amount in the manner prescribed, to the person or persons nominated by the deceased contributor for such purpose. If no such nomination has been made, such amount can either be paid by the Director of Pensions to the person or persons entitled by law to receive the same or where a case for the settlement of the estate of the deceased contributor has been filed, such amount shall be paid to the credit of the case ;
if the amount payable exceeds in value the sum specified by the provisions of the Civil Procedure
Code (Chapter 101) as being the sum above which the institution of testamentary proceedings is mandatory, the Director of
Pensions shall pay such amount to the credit of the testamentary case filed for the settlement of the estate of the deceased contributor :
Provided however, the Director of Pensions may at his discretion, where it appears that immediate financial relief is essential to the
Public Service Provident Fund (Amendment)
spouse or children or other dependants of the deceased contributor for the settlement of funeral expenses, pay a sum not exceeding ten thousand rupees to the spouse or children or other dependants of the deceased contributor.”.