16. Contribution of building workers.-
(1) A building worker who has been registered
as a beneficiary under this Act shall, until
he attains the age of sixty years, contribute
to the Fund at such rate per mensem, as may
be specified by the State Government, by notification
in the Official Gazette and different rates
of contribution may be specified for different
classes of building workers:
Provided that the
Board may, if satisfied that a beneficiary is
unable to pay his contribution due to any financial
hardship, waive the payment of contribution
for a period not exceeding three months at a
time.
(2) A beneficiary may authorise
his employer to deduct his contribution from
his monthly wages and to remit the same, within
fifteen days front such deduction, to the Board.
|