The Short Title of this Act is “The Workers’ Compensation for Accidents Act, 1905”; and it shall form part of and be read together with “The Workers’ Compensation for Accidents Act, 1900” (hereinafter referred to as “the principal Act”).

Notwithstanding anything in the principal Act or its amendments, it is hereby declared that the weekly payment in respect of compensation for total or partial disablement shall not be less than one pound per week in every case where the worker’s ordinary rate of pay for the work at which he was employed at the time of the accident was not less than thirty shillings per week.

Notwithstanding anything in the principal Act, the compensation payable in any case of total or permanent partial incapacity may, in lieu of weekly payments, be such lump sum as is agreed on at any time by the parties, or as the Arbitration Court, on the application of either party, determines:

Provided that the Court before arriving at any determination shall take into consideration the ability or otherwise of the party concerned to make payment in such lump sum.

Such lump sum may be invested or otherwise applied for the benefit of the worker as agreed, or, in default of agreement, as determined by the Arbitration Court.