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srilawsby aturio
As enacted
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Part II · Management of the Benefit Scheme

11. Forfeiture of Benefit Scheme Policy

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

The date before which contributions are payable by a contributor shall be specified in the Benefit Scheme

Policy and any contributor who fails to pay ten consecutive instalments on or before such date shall forfeit the benefits under the Benefit Scheme Policy issued to him.

(2)

Where any contributor has forfeited the benefits under the Benefits Scheme Policy issued to him, the Board shall issue a notice to that effect to such contributor.

(3)

A contributor shall have right to appeal to the Board to validate his Benefit Scheme Policy and the Board shall validate such Policy if it is satisfied that the reasons for failure to pay the instalments were beyond the control of the contributor.

(4)

Where the Board on appeal, decides to validate a

Benefit Scheme Policy, the contributor shall be informed of the date before which the arrears of instalments have to be paid. The date of such payment shall be the operative date of validation of such Policy.

(5)

Any contributor aggrieved by the decision of the

Board, may appeal to the Secretary to the Ministry of the

Minister in charge of the subject of Finance whose decision thereon, shall be final and conclusive.

Read on from s 12

Part III

Establishment of the Social Security Benefit Fund for Media Personnel

Read on from Part III

Part IV

General

Read on from Part IV

Schedules