Common use of Phase Four Clause in Contracts

Phase Four. As from October of the fourth year of registration All the provisions of the prevailing Agreement administered by this Council shall become applicable, including the payment of at least a 100% of minimum weekly wages as prescribed in Schedule 2 or Schedule 3 and the payment of additional Provident Fund contributions or Sick Benefit Society contributions as prescribed in Schedule 1. In the event of an establishment employing in excess of 10 employees at any time, all the provisions of the prevailing Agreement, including remuneration at no less than 100% of the prevailing minimum prescribed weekly wage rates and all contributions normally payable to this Council, shall come into effect immediately.

Phase Four. As from October of the fourth year of registration All the provisions of the prevailing Agreement administered by this Council shall become applicable, including the payment of at least a 100% of minimum weekly wages as prescribed in Schedule 2 or Schedule 3 and the payment of additional Provident Fund contributions or Sick Benefit Society contributions as prescribed in Schedule 1. In the event of an establishment employing in excess of 10 employees at any time, all the provisions of the prevailing Agreement, including remuneration wages at no less than 100% of the prevailing minimum prescribed weekly wage rates and all levies, contributions and fees normally payable to this Council, shall come into effect immediately.