Application of Employees Trust Fund Act, No. 46 of 1980 to employees of the University Grants Commission and of Higher Educational Institutions.
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3.
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(1) The provisions of the principal enactment shall be deemed to apply to the University Grants Commission and to every Higher Educational Institution with effect from December 9, 1980, and the liability of the University Grants Commission and every Higher Educational Institution to make contributions to the Fund under section 16 of the principal enactment shall be deemed to have commenced on March 1, 1981.
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(2) The University Grants Commission and a Higher Educational Institution shall be deemed, for all purposes, to have complied with the provisions of section 16 of the principal enactment, requiring the payment of contributions by the University Grants Commission or such Higher Educational Institution in respect of a person who is, or was, an employee of the University Grants Commission or such Higher Educational Institution, as the case may be, for any period prior to the date of commencement of this Act, if it pays to the Fund, within six months of the date of commencement of this Act
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(a) in any case where such person was an employee of the University Grants Commission or a Higher Educational Institution on March 1, 1981 and continues to be an employee of the University Grants Commission or such Higher Educational Institution, as the case may be, on the date of commencement of this Act, an amount equal to three per centum of the total earnings of such person for each month in the period commencing on March 1, 1981 and ending on the date of commencement of this Act, less the amount of any contributions made to the Fund, in respect of such person by the University Grants Commission or such Higher Educational Institution, as the case may be, during that period ;
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(b) in any case where such person became an employee of the University Grants Commission or a Higher Educational Institution on any date after March 1, 1981 and continues to be an employee of the University Grants Commission or such Higher Educational Institution, as the case may be, on the date of commencement of this Act, an amount equal to three per centum of the total earnings of such person for each month in the period commencing on the date on which such person became an employee of the University Grants Commission or such Higher Educational Institution, as the case may be, and ending on the date of commencement of this Act, less the amount of any contributions made to the Fund, in respect of such person, by the University Grants Commission or such Higher Educational Institution, as the case may be during that period;
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(c) in any case where such person was an employee of the University Grants Commission or a Higher Educational Institution on March 1, 1981 and has ceased to be an employee of the University Grants Commission or such Higher Educational Institution, as the case may be, on a date prior to the date of commencement of this Act, an amount equal to three per centum of the total earnings of such person for each month in the period commencing on March 1, 1981 and ending on the date on which such person ceased to be an employee of the University Grants Commission or such Higher Educational Institution, as the case may be, less the amount of any contributions made to the Fund, in respect of such person by the University Grants Commission or such Higher Educational Institution, as the case may be, during that period :
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(d) in any case where such person became an employee of the University Grants Commission or such Higher Educational Institution on any date after March 1, 1981 and has ceased to be an employee of the University Grants Commission or such Higher Educational Institution, as the case may be, on a date prior to the date of commencement of this Act, an amount equal to three per centum of the total earnings of such person for each month in the period commencing on the date on which such person became an employee of the University Grants Corn-mission or such Higher Educational Institution, as the case may be, and ending on the date on which he ceased to be an employee of the University Grants Commission or such Higher Educational Institution,, as the case may be, less the amount of any contributions made to the Fund in respect of such person, by the University Grants Commission or such Higher Educational Institution, as the case may be, during that period.
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(3) Any payments made under subsection (i) by the University Grants Commission or a Higher Educational Institution in respect of any person shall be credited by the Board to the individual account of such person in the Fund.
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