15Contributions by employees

15 Contributions by employees

(1) Subject to these Regulations, the amount of contribution to be paid by an employee is an amount ascertained in accordance with Schedule 1 or Schedule 2, whichever is applicable. (2) The amount of contribution to be paid by an employee who had elected that section 29C of the Superannuation Ordinance should not apply to him is, in respect of: (a) units of pension in respect of which the obligation to contribute came or comes into existence on or after the date of commencement of the Superannuation (Papua and New Guinea) Ordinance 1960; or (b) reserve units of pension for which he elected or elects to contribute on or after that date; an amount ascertained in accordance with the rates of contribution specified in Schedule 3. (3) Contribution is not payable for or in respect of non‑contributory units.