3.—(1) Every employer shall, on or after 1st April 1992, deduct from the monthly wages of each employee who desires to contribute to the Fund contributions at the appropriate rate set out in the Schedule.
(2) Subject to paragraph (3), all contributions deducted by an employer shall be paid into the Fund within 14 days after the end of each month.
(3) SINDA may, on the application of any employer or class of employers, extend the time prescribed under paragraph (2) by not more than 7 days.