Section 5AB: Payment of contributions

5AB. Payment of contributions (1) Subject to subsections (2) to (5), every employer shall, on the approved form, at the end of the month in respect of which contributions are payable under section 5, electronically pay to the Director-General the total amount of contributions payable. (2) Subject to subsections (3) to (5), the contributions payable under subsection (1) shall be paid to the Director-General at, or before the end of the month following the month in respect of which contributions are payable. (3) The due date for the payment of contributions under subsection (1), in respect of the months of May and November shall, notwithstanding subsection (2), be 2 days, excluding Saturdays and public holidays, before the end of June and December, respectively. Acts 2019 367 (4) Notwithstanding subsection (2), where an employer elects to submit his return on an annual basis under section 17AB (2) of the National Pensions Act, the contributions payable under subsection (1) shall be paid to the Director-General on or before the end of the month immediately following the end of the financial year. (5) Notwithstanding subsections (2) and (3), where an employer is a person who employs a seaman ic holidays, before the end of June and December, respectively. Acts 2019 367 (4) Notwithstanding subsection (2), where an employer elects to submit his return on an annual basis under section 17AB (2) of the National Pensions Act, the contributions payable under subsection (1) shall be paid to the Director-General on or before the end of the month immediately following the end of the financial year. (5) Notwithstanding subsections (2) and (3), where an employer is a person who employs a seaman whose remuneration is computed by reference to a portage bill, the employer shall pay to the Director-General any contribution payable under subsection (1), in respect of a month, not later than one month and 20 days from the end of the month in which payment is due.