Notice period for voluntary termination of contract

(1) The notice of the termination of a contract of employment for an indefinite period may be terminated either by the employer or by the worker, without assigning reason therefor, by giving to the other the notice for the period specified in sub-section(2). (2) Where the worker has been in the employment of the same employer continuously, the period of notice shall be as followsNotice Period Required For more than 2 weeks but not more than 6 months One week For more than 6 months but not more than 2 years Two weeks For more than 2 years but not more than 5 years Four weeks More than 5 years Eight weeks 34 (3) The periods of notice under sub-section (2) shall not apply where– (a) periods of notice are regulated by a collective (b) the employer is entitled to summarily dismiss a worker under section 43; (c) an employer and a worker agree on a longer (d) the employer or a worker, as the case may be, waives the right to receive notice. (4) A notice of termination under sub-section (1), shall not be given by an employer during an employee’s period of absence on any lawful leave granted.