31. Additional remuneration to be paid

31. Additional remuneration to be paid:

(1) While employing any labour to work overtime pursuant to Section 30, the employer shall pay to the labour remuneration at a rate of 1.5 times of the basic remuneration receivable during regular hours of work.

(2) Notwithstanding anything contained in sub-section (1), nothing contained in this Section shall bar the collective agreement to provide for certain benefits or the providing of such benefits as mentioned in the employment contract in the case of the labour of managerial level, in lieu of the additional remuneration receivable for an overtime work.