Section 43
Persons not to commute cash benefits
of Employees' Social Security Act 1969
ActIn forceProvision 55 of 207
Section 43
Save as may be provided in the regulations no person shall be entitled to commute for a lump sum any periodical payment admissible under this Act:
Provided that where the loss of earning capacity has been assessed at more than twenty per cent, an insured person may opt for the commutation of one-fifth of the daily benefit payable for a lump sum and to receive the balance as periodical payments.