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    National Savings Fund (Collection of Contributions) (Amendment) Regulations 2015

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    Vishwajeet Ujhoodha
    The National Savings Fund (Collection of Contributions) (Amendment) Regulations 2015 amends the principal regulations of 1997 in two ways: 1) It inserts new paragraphs exempting members of the National Assembly who employ constituency clerks or drivers paid from public funds from certain contribution regulations. 2) It revokes and replaces the Second and Third Schedules to update the maximum wage amounts on which contributions are payable and the minimum wage amounts below which contributions are not required. The regulations are deemed to have come into effect on January 1, 2014.

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    National Savings Fund (Collection of Contributions) (Amendment) Regulations 2015

    Uploaded by

    Vishwajeet Ujhoodha
    43 views3 pages
    The National Savings Fund (Collection of Contributions) (Amendment) Regulations 2015 amends the principal regulations of 1997 in two ways: 1) It inserts new paragraphs exempting members of the National Assembly who employ constituency clerks or drivers paid from public funds from certain contribution regulations. 2) It revokes and replaces the Second and Third Schedules to update the maximum wage amounts on which contributions are payable and the minimum wage amounts below which contributions are not required. The regulations are deemed to have come into effect on January 1, 2014.

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    The National Savings Fund (Collection of Contributions) (Amendment) Regulations 2015 amends the principal regulations of 1997 in two ways: 1) It inserts new paragraphs exempting members of the National Assembly who employ constituency clerks or drivers paid from public funds from certain contribution regulations. 2) It revokes and replaces the Second and Third Schedules to update the maximum wage amounts on which contributions are payable and the minimum wage amounts below which contributions are not required. The regulations are deemed to have come into effect on January 1, 2014.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    43 views3 pages

    National Savings Fund (Collection of Contributions) (Amendment) Regulations 2015

    Uploaded by

    Vishwajeet Ujhoodha
    The National Savings Fund (Collection of Contributions) (Amendment) Regulations 2015 amends the principal regulations of 1997 in two ways: 1) It inserts new paragraphs exempting members of the National Assembly who employ constituency clerks or drivers paid from public funds from certain contribution regulations. 2) It revokes and replaces the Second and Third Schedules to update the maximum wage amounts on which contributions are payable and the minimum wage amounts below which contributions are not required. The regulations are deemed to have come into effect on January 1, 2014.

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    of 3

    National Savings Fund (Collection of Contributions) (Amendment) Regulations

    2015

    GN No. 54 of 2015
    Government Gazette of Mauritius No. 37 of 18 April 2015

    THE NATIONAL SAVINGS FUND ACT

    Regulations made by the Minister, after consultation with the Committee, under section
    24 of the National Savings Fund Act

    1. These regulations may be cited as the National Savings Fund (Collection of


    Contributions) (Amendment) Regulations 2015.

    2. In these regulations —

    ―principal regulations‖ means the National Savings Fund (Collection of Contributions)


    Regulations 1997.

    3. The principal regulations are amended —

    (a) in regulation 6A, by inserting, after paragraph (1), the following new paragraph –

    (1A) Paragraph (1) shall not apply to a member of the National Assembly who
    employs a constituency clerk or driver, or both, who is or are paid out of public funds.

    (b) in regulation 6E, by inserting, after paragraph (1), the following new paragraph —

    (1A) Paragraph (1) shall also apply to a member of the National Assembly who
    employs a constituency clerk or driver, or both, who is/or are paid out of public funds.
    (c) By revoking the Second and Third Schedules and replacing them by the Second and
    Third Schedules set out in the Schedule to these regulations.

    4. These regulations shall be deemed to have come into operation on 1 January 2014.

    Made by the Minister, after consultation with the Committee, on 9 April 2015.

    ---------------------
    SCHEDULE

    [Regulation 3(c)]

    SECOND SCHEDULE

    [Regulation 2]

    Maximum basic wage or salary on which contributions are payable —

    (a) in respect of a monthly pay period, wage or salary not exceeding 14,805 rupees;

    (b) in respect of a half monthly pay period, wage or salary not exceeding 7,403 rupees;

    (c) in respect of a fortnightly pay period, wage or salary not exceeding 6,833 rupees;

    (d) in respect of a weekly pay period, wage or salary not exceeding 3,417 rupees;

    (e) in respect of a daily pay period, wage or salary not exceeding 569 rupees;

    (f) in respect of any other pay period, wage or salary not exceeding the sum arrived at by
    multiplying 569 rupees by the number of days in that pay period, excluding Sundays.
    -------------------------

    THIRD SCHEDULE

    [Regulation 3(3)]

    BASIC WAGE OR SALARY BELOW WHICH


    CONTRIBUTIONS ARE NOT PAYABLE

    In respect of an employee in (RS) In respect of an employee who (Rs)


    the domestic service is not in the domestic service

    Paid for — Paid for-

    (a) one day’s work 55 (a) one day’s work 87

    (b) one week’s work 329 (b) one week’s work 523

    (c) one fortnight’s work 658 (c) one fortnight’s work 1,045

    (d) half a month’s work 713 (d) half a month’s work 1,133

    (e) one month’s work 1,425 (e) one month’s work 2.265

    --------------------------

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