INDUSTRY PROTECTION FUND. (1) In terms of section 28(1)(g) of the Act, read with clause 3.6 and 3.7 of the Council’s Constitution, a Fund to protect the fashion industry from further job losses and decline, which shall be known as the Fashion Industry Protection Fund (hereinafter referred to as “the Fund”) is hereby established.
(2) The objects of the Fund shall be to provide financial support to campaigns and programmes engaged in by the Parties to the Regional Chamber, which programmes are aimed at protecting the industry in the Western Cape Sub-Chamber of the Cape Chamber of the Council, and jobs within it by improving its competitiveness in the fashion industry.
(3) The Fund shall commence on 1 July 2001 and shall continue to operate until such date as the Regional Chamber and the Parties thereto may decide.
(4) Every employer shall, each week, deduct from the wages of each of his employees for whom wages are prescribed in this part of the Agreement, an amount of 12 cents.
(5) An employer shall, in respect of each employee from whose wages deductions are made in terms of sub-clause (4), contribute an amount of 18 cents per week.
(6) The total sum representing the employer's contributions and the employees’ contributions shall be forwarded monthly by the employer to the Regional Secretary of the Regional Chamber, by not later than the 14th day of each month following the month to which such contributions relate in the form and manner specified in clause 22(2) of this part of the Agreement.
(7) The monies collected by the Regional Chamber shall be paid monthly by the Regional Chamber into a bank account styled “Fashion Industry Protection Fund” opened by the Regional Chamber for the purpose of receiving these funds and for disbursing them for the purpose for which they are intended. This account will be administered by the Regional Chamber.
(8) The monies collected shall be used by the Regional Chamber to finance the following
(a) ‘Buy Local’ campaigns;
(b) Combating customs fraud and illegal imports. or for such other strategies that meet the objectives of the Fund.
(9) During the period of operation of the Fund, should the Southern African Clothing & Textile Workers’ Union (SACTWU) and/or the Cape Clothing Association (CCA) become or wish to become engaged in additional strategies or bona fide activities in pursuit of the objectives of the Fund other than those specified in sub-clause (8), they may apply in writing to the Regional Chamber for the activities in question to be re...
INDUSTRY PROTECTION FUND. (1) In terms of section 29(1)(g) of the Act, read with clause 3.6 and 3.7 of the Council's Constitution, a Fund to protect the fashion industry from further job losses and decline, which shall be known as the Fashion Industry Protection Fund (hereinafter referred to as "the Fund") is hereby established.
(2) The objects of the Fund shall be to provide financial support to campaigns and programmes engaged in by the Parties to the Regional Chamber, which programmes are aimed at protecting the industry in the Northern Chamber of the Council, and jobs within it by improving its competitiveness in the fashion industry.
(3) The Fund shall commence on 1 July 2001 and shall continue to operate until such date as the Regional Chamber and the Parties thereto may decide.
(4) Every employer shall, each week, deduct from the wages of each of his employees for whom wages are prescribed in this part of the Agreement, an amount of 11 cents: Provided that no deduction shall be made from the wages of any employee who has worked less than 20 hours in the week in which the deduction falls due.
(5) An employer shall, in respect of each employee from whose wages deductions are made in terms of subclause (4), contribute 21 cents per week.
(6) The total sum representing the employer's contributions and the employees' contributions shall be forwarded by the employer to the Regional Secretary of the Regional Chamber, within seven days from the end of the week in which the deductions fall due. Should any amount due in terms of this clause not be received by the Regional Chamber by the tenth day after the due date in which it is payable, the employer shall pay weekly interest on such amount or on such lesser amounts as remain unpaid, calculated at the ruling prime overdraft rate plus two per cent per annum: Provided that the Council or Regional Chamber shall be entitled in its absolute discretion to waive the payment of such interest or part thereof. At the discretion of the Council or Regional Chamber, the interest may accrue to the general funds of the Council or Regional Chamber.
(7) The monies collected by the Regional Chamber shall be paid monthly into the Regional Chamber's bank account and, for the purposes of receiving' these funds and for disbursing them for the purpose for which they are intended, shall be accounted for separately.
(8) The monies collected shall be used by the Regional Chamber to finance the following bona fide strategies in pursuit of the objects of the Fun...
INDUSTRY PROTECTION FUND. Contained in Annexure C.
INDUSTRY PROTECTION FUND. Contained in Annexure C. The Code of Good Practice on Key Aspects of HIV/AIDS and Employment as set out in Annexure A to this agreement shall be policy in the industry.
INDUSTRY PROTECTION FUND. Frequency of Negotiations and Industrial Action ......................................................
INDUSTRY PROTECTION FUND. In terms of section 28 (1) (g) of the Act, read with clause 3.6 and 3.7 of the Council's Constitution, a fund to protect the fashion industry from further job losses and decline, which shall be known as the Fashion Industry Protection Fund (hereinafter referred to as "the Fund") is hereby established.
INDUSTRY PROTECTION FUND. 31. HIV/AIDS................................................................................................................................................
INDUSTRY PROTECTION FUND. 39. TRADE UNION CAPACITY BUILDING FUND..................................................................................... 40. COLLECTIVE BARGAINING/DISPUTE RESOLUTION LEVY .............................................................
INDUSTRY PROTECTION FUND. FREQUENCY OF NEGOTIATIONS AND INDUSTRIAL ACTION........................................
INDUSTRY PROTECTION FUND. On 1 April 2008 the retirement enhancement benefit shall cease, and a value is to be calculated for each member by the Actuary and recommended to the Administrative Committee as the amount which gives recognition to the expected present value of the previous enhanced retirement benefit that the member may have enjoyed had he reached retirement, and the benefit not been discontinued. Upon acceptance by the Administrative Committee of the recommendation by the Actuary, this amount will be added to the members’ share of each active member of the Fund. For any dormant member who has reached retirement age, that dormant member shall be assumed to retire on that date, and have their benefit enhanced appropriately.
