Contribution definition expanded explicitly to include employee contributions under any scheme and employer insurance contributions. The amendment broadens the statutory definition of "the amount of contribution" to include employee contributions made pursuant to any Scheme and employer ... Summary
Contribution definition expanded explicitly to include employee contributions under any scheme and employer insurance contributions.
The amendment broadens the statutory definition of "the amount of contribution" to include employee contributions made pursuant to any Scheme and employer contributions made pursuant to an Insurance Scheme by substituting expanded parenthetical language in sub section (1); sub section (2) is similarly amended by inserting "under any Scheme" after "employee's contribution" to align terminology.
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