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Contents

Long Title

Part I PRELIMINARY

Part II CONTRIBUTIONS TO FUND

Part III WITHDRAWAL OF CONTRIBUTIONS

Part IIIA DIVISION OF FUND-RELATED ASSETS IN MATRIMONIAL PROCEEDINGS

Part IIIB LIFELONG INCOME SCHEME

Part IV HOME PROTECTION INSURANCE SCHEME

Part V DEPENDANTS’ PROTECTION INSURANCE SCHEME

Part VI MEDISHIELD SCHEME

Part VIA WORKFARE INCOME SUPPLEMENT SCHEME

Part VII OFFENCES, PENALTIES AND PROCEEDINGS

Part VIII MISCELLANEOUS

FIRST SCHEDULE Rates of Contribution

SECOND SCHEDULE Financial Provisions

THIRD SCHEDULE Specified Acts Relating to Self-employed Persons

Legislative History

Comparative Table

 
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On 19/06/2013, you requested for the version in force on 19/06/2013 incorporating all amendments published on or before 19/06/2013. The closest version currently available is that of 18/04/2013.
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Payment of interest on contributions in arrears
9.
—(1)  Where the amount of the contributions which an employer is liable to pay under section 7 in respect of any month is not paid within such period as may be prescribed, the employer shall be liable to pay interest on the amount for every day the amount remains unpaid commencing from the first day of the month succeeding the month in respect of which the amount is payable and the interest shall be calculated at the rate of 1 1/2% per month or the sum of $5, whichever is the greater.
(2)  Where the amount of the contributions a person is liable to pay under any regulations made under section 77(1)(e) is not paid within the time prescribed for payment, that person shall be liable to pay interest on that amount for every day the amount remains unpaid at such rate and commencing from such date as may be prescribed.
[27/92]
(3)  The Board may, in any case in which it thinks fit, waive the payment of the whole or part of, or remit in whole or in part, any interest due or paid under subsection (1) or (2).
[27/92]