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Section 21

Interest on arrears of contributions

of Employment Insurance System Act 2017

ActIn forceProvision 21 of 90
Section 21

If the amount of the monthly contribution payable by the employer in respect of an employee under section 18 is not paid within such period as referred to in section 20, the employer shall be liable to pay interest on such amount to the Organization at the rate as prescribed by the Minister in respect of any period during which such amount remains unpaid.