Amendment status not verified — confirm the current text below against the official source.
Deduction of certain amounts fmm bonus payable under lhe Act,_ |.Vherq rl any accoun t ing_ yeat, an employee is forrnd guilty of misconduct ca using lrnanclal loss to thc employer, then, it shall be lawlul for the emnlover lo dpdrrcl financial loss to th€ employer, thery the amount of loss Irom the amour for the employer to deducl the amount of loss Irom the amount of bonus payable by him io [he emp]oyee under this Act in respect of that accounting yeai only anci the emplovee siali be under this Act in respect of that accounting yeai onty emproyee entitlcd to receive the balance, if any.