(1) If it is found that the employee, having
responsibility to deposit the amount deducted from monthly remuneration of
the depositor for the purpose to deposit to the Fund including the amount to
be added in accordance with the prevailing law in said amount, has sent the
amount to deposit to the Fund pursuant to this Act and Regulation enacted
under this Act, the Fund shall issue order to such employee by specifying the
time limit to deposit the lump-sum amount by making calculation of the
amount to be deposited in the fund of the depositor as well as the interest
payable by the Fund to the depositor in the account of the concerned
depositor having at the Fund.
(2) The concerned employee shall be liable to deposit the amount of the
depositor to the Fund within the time limit as specified in Sub-Section (1).
(3) Notwithstanding anything contains in this Act elsewhere, in case of
failure to deposit the amount of the depositor within the time limit as
specified in Sub-Section (2), the Fund shall deposit the amount in the account
of the depositor by making recovery of such amount from the account of such
employee remained in the Fund.
(4) If the whole amount of the depositor couldn’t be recovered while making
recovery in accordance with Sub-Section (3), the Fund shall deposit the
amount in the account of the depositor by making recovery it from other
movable or immovable assets of such employee like the dues payable to the
Government.