Common use of LOSS OF HEALTH CERTIFICATE Clause in Contracts

LOSS OF HEALTH CERTIFICATE. 3.25.1 A “loss of the health certificate” scheme shall be established under the direction of Industry Energy. As of 1 July, the company shall pay in 6.8% of the basic amount in the national insurance for all employees as of 1 July who are covered under Section III of the Agreement. 3.25.2 Employees who are not Industry Energy members may be covered under the scheme by paying an administration fee to Industry Energy. 3.25.3 It is agreed that the fee for "non-members" shall be deducted from the individual's wages unless the employee declines to take part in the scheme. The company will provide for the deductions from wages. Lists with the names of "non-members" to be covered under the scheme shall be submitted to Industry Energy. Industry Energy shall be notified regarding new enrollments and withdrawals of "non-members" on an ongoing basis. The fee will be determined by Industry Energy, and is currently NOK 65,- per month. The deducted amount will be transferred in arrears as of 1 July. 3.25.4 If the collective wage agreement is established after 1 July, the amount shall be paid in pro rata. If the Banking, Insurances and Securities Commissions requests that this scheme be wound up, the parties agree to meet in order to discuss the scheme.