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Section 27

Interest on advances forbidden

of Employment Act 1955

ActIn forceProvision 27 of 97
Section 27

No employer shall—

(a)

make any deduction; or

(b)

receive any payment, from any employee by way of discount, interest or any similar charge on account of any advance or advances of wages made to an employee in anticipation of the regular date for the payment of wages, where such advance or advances do not exceed in the aggregate one month’s wages.

Read in full context — Employment Act 1955 →