1982 Ed.] Subsidized Schools Provident Fund Rules [CAP. 279
(b) if exercised not later than 3 months after 24 June 1982, may be retrospective to the date of his first appointment to a subsidized school, or to such other date after such first appointment, as the teacher may specify in the option, but in any event shall not be retrospective to a date earlier than 1 September 1980.
(2B) Where an option has been exercised by a teacher before 24 June 1982 and by virtue of paragraph (2)(b)(ii) such option is retrospective to a date after the date of his first appointment to a subsidized school, the teacher may exercise an additional option, not later than 3 months after 24 June 1982, to contribute to the Fund from the date of his first appointment to a subsidized school or from 1 September 1980, whichever is the later.
(3) Any question arising as to whether, for the purposes of paragraph (1), a teacher is employed on a temporary basis shall be determined by the Director whose decision shall be final.
8. (1) Contribution to the Fund shall be at the rate of 5 per cent of the contributor's basic salary, including any allowances approved for that purpose by the Director, and, except with the consent of the Director, shall only be payable in respect of periods during which the contributor draws his basic salary.
(2) Subject to paragraph (2A), contributions shall be deducted from each contributor's salary monthly by the supervisor of the school who shall within 7 days thereafter pay to the treasurer the amount of such deduction.
(2A) Where an option to contribute to the Fund is exercised with retrospective effect under rule 7(2A) or (2B), any contributions payable by a contributor in respect of the retrospective period shall be deducted, in such instalments as the Director may determine, from the salary of the contributor monthly by the supervisor who shall within 7 days thereafter pay to the treasurer the amount of such deduction.
(3) It shall be the duty of the supervisor of every subsidized school to maintain a separate account for each contributor employed in the school and every such account shall specify-
(a) all contributions paid thereto;
(b) all donations made by Government thereto; and
(c) such other credits as may from time to time be communicated to the supervisor by the treasurer.
(4) The total of each contributor's account as maintained by the supervisor shall be reconciled annually with the treasurer.
(5) On application to the supervisor, every contributor shall be entitled to inspect at any reasonable time the account standing in his name.
D7
[Subsidiary]
L.N. 240 of 82.
Contributions.
L.N. 88 of 76.
L.N. 240 of 82.
L.N. 240 of 82.