Amendment status not verified — confirm the current text below against the official source.
Provisional assessment and collection of contribution.—(1) Every employer or producer of bamboo products or kattuvalli products or pandanus leaf products liable to pay contribution under section 4 shall, pending determination of the amount due from him under section 11, pay on or before the 5th day of each month an amount bequivalent to one twelfth of the amount payable annually by him according to the latest determination under the said section. 92) The contribution due from a bamboo or kattuvalli or pandanus leaf worker or a self- employed person for a month shall become payable on or before the 5th day of the succeeding month. (3) Every dealer liable top pay contributuion under sub-section (6) of section 4 or every person liable to pay contribution under sub-section (7) of that section shall pay the contribution to the Fund in such manner and at such time as may be specified in the Scheme. (4) Where the contribution is not paid on or before the due date, the Chief Executive Officer or any officer of the Board authorised by it in this behalf, shall issue a notice to the defaulter showing the amount in arrears, and, if the amount is not paid within fifteen days of the receipt of such notice, it may be recovered in such manner as trhe Board may determine. (5) The amount paid under sub-section (1), by an employer or a producer of bamboo products or kattuvalli products or pandanus leaf products for a year shall be adjusted against the amount determined under section 11 for that year.