Collection and payment of contributions.
Section 21
SEC. 21. Collection and payment of contributions.— The contributions imposed in the preceding sections shall be collected and remitted to the System at the end of each calendar month under such rules and regulations as the System may prescribe. Every employer required to deduct and to remit such contributions shall be liable their payment, and if any contribution is not paid to the System within thirty days from its due date or the prescribed for its remittance, he shall pay besides the Contribution a penalty thereon of three per centum per month from the date the contribution falls due until paid. If deemed expedient and advisable by the Commission, the collection and remittance of contributions shall be made quarterly or semi-annually in advance contributions payable by the employees to be advanced by their respective employers: Provided, That upon separation of an employee, any premium so paid in advanced not due shall be credited or refunded to his employee. The contributions payable under this Act in ca where an employer refuses or neglects to pay the 1 shall be collected by the System in the same manner as taxes are made collectible under the National Internal Revenue Code, as amended. Failure or refusal of the employer to pay or remit the contributions herein prescribed shall not prejudice the right of the covered employee to the benefits of the coverage. Should any person, natural or juridical, default in any payment of contributions, the Commission may also collect the same in either of the following ways: By an action in court, which shall hear and dispose of the case in preference to any other civil action, or By issuing a warrant to the Sheriff of any province or city commanding him to levy upon and sell any real and personal property of the debtor. The Sheriffs sale by virtue of said warrant shall be governed by the same procedure prescribed for executions against property upon judgments by a court of record.