Common use of PROVIDENT FUND CONTRIBUTIONS Clause in Contracts

PROVIDENT FUND CONTRIBUTIONS. (i) The Fund continues as part of this Agreement and registered with the Financial Services Board (FSB) and administered in accordance with the Xxxxxxx Xxxxx Xxx, 0000 (Act 24 of 1956) (as amended). (ii) Every employee under the jurisdiction of this Part of the Agreement shall be a member of the Provident Fund and the Rules of the Fund as registered and amended from time to time in terms of the Pension Fund Act shall apply (iii) The Council shall ensure compliance with the Rules of the Fund relating to the payment of contributions and the submission of monthly returns and follow its dispute resolution procedure to obtain such compliance. (iv) The Fund shall be administered in accordance with the Fund Rules specified for this purpose by the Fund’s Board of Trustees with the approval of the Financial Services Board and in terms of the Pension Fund Act (v) Auditors as defined in the applicable law shall be appointed by the Board of Trustees who shall audit the account of the Fund in compliance with the relevant legislation (vi) A copy of the annual audited financial statement and the Approved Rules by the Financial Services Board shall be submitted to the Registrar of Labour Relations as well as the Financial Services Board.

Appears in 5 contracts

Samples: National Main Collective Agreement, National Main Collective Agreement, National Main Collective Agreement

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PROVIDENT FUND CONTRIBUTIONS. (ia) The Fund continues as part of this Agreement and registered with the Financial Services Board (FSB) and administered in accordance with the Xxxxxxx Xxxxx Xxx, 0000 (Act 24 of 1956) (as amended). (iib) Every employee under the jurisdiction of this Part of the Agreement shall be a member of the Provident Fund and the Rules of the Fund as registered and amended from time to time in terms of the Pension Fund Act shall apply. (iiic) The Council shall ensure compliance with the Rules of the Fund relating to the payment of contributions and the submission of monthly returns and follow its dispute resolution procedure to obtain such compliance. (ivd) The Fund shall be administered in accordance with the Fund Rules specified for this purpose by the Fund’s Board of Trustees with the approval of the Financial Services Board and in terms of the Pension Fund Act. (ve) Auditors as defined in the applicable law shall be appointed by the Board of Trustees who shall audit the account of the Fund in compliance with the relevant legislation. (vif) A copy of the annual audited financial statement and the Approved Rules by the Financial Services Board shall be submitted to the Registrar of Labour Relations as well as the Financial Services Board.

Appears in 4 contracts

Samples: National Main Collective Agreement, National Main Collective Agreement, National Main Collective Agreement

PROVIDENT FUND CONTRIBUTIONS. (ia) The Fund continues as part of this Agreement and registered with the Financial Services Board (FSB) and administered in accordance with the Xxxxxxx Xxxxx Xxx, 0000 (Act 24 of 1956) (as amended). (iib) Every employee under the jurisdiction of this Part of the Agreement shall be a member of the Provident Fund and the Rules of the Fund as registered and amended from time to time in terms of the Pension Fund Act shall apply. (iiic) The Council shall ensure compliance with the Rules of the Fund relating to the payment of contributions and the submission of monthly returns and follow its dispute resolution procedure to obtain such compliance. (ivd) The Fund shall be administered in accordance with the Fund Rules specified for this purpose by the Fund’s Board of Trustees with the approval of the Financial Services Board and in terms of the Pension Fund Act. (ve) Auditors as defined in the applicable law shall be appointed by the Board of Trustees who shall audit the account of the Fund in compliance with the relevant legislation (vif) A copy of the annual audited financial statement and the Approved Rules by the Financial Services Board shall be submitted to the Registrar of Labour Relations as well as the Financial Services Board.. Contained in Annexure E. CODE OF GOOD PRACTICE ON KEY ASPECTS OF HIV/AIDS AND EMPLOYMENT WITHIN THE CLOTHING MANUFACTURING INDUSTRY OF SOUTH AFRICA

Appears in 2 contracts

Samples: National Main Collective Agreement, National Main Collective Agreement

PROVIDENT FUND CONTRIBUTIONS. (ia) The Fund continues as part of this Agreement and registered with the Financial Services Board (FSB) and administered in accordance with the Xxxxxxx Xxxxx Xxx, 0000 (Act 24 of 1956) (as amended). (iib) Every employee under the jurisdiction of this Part of the Agreement shall be a member of the Provident Fund and the Rules of the Fund as registered and amended from time to time in terms of the Pension Fund Act shall apply. (iiic) The Council shall ensure compliance with the Rules of the Fund relating to the payment of contributions and the submission of monthly returns and follow its dispute resolution procedure to obtain such compliance. (ivd) The Fund shall be administered in accordance with the Fund Rules specified for this purpose by the Fund’s Board of Trustees with the approval of the Financial Services Board and in terms of the Pension Fund Act. (ve) Auditors as defined in the applicable law shall be appointed by the Board of Trustees who shall audit the account of the Fund in compliance with the relevant legislation. (vif) A copy of the annual audited financial statement and the Approved Rules by the Financial Services Board shall be submitted to the Registrar of Labour Relations as well as the Financial Services Board.. Contained in Annexure E. CODE OF GOOD PRACTICE ON KEY ASPECTS OF HIV/AIDS AND EMPLOYMENT WITHIN THE CLOTHING MANUFACTURING INDUSTRY OF SOUTH AFRICA

Appears in 1 contract

Samples: National Main Collective Agreement

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PROVIDENT FUND CONTRIBUTIONS. (ia) The Fund continues as part of this Agreement and registered with the Financial Services Board (FSB) and administered in accordance with the Xxxxxxx Xxxxx Xxx, 0000 (Act 24 of 1956) (as amended). (iib) Every employee under the jurisdiction of this Part of the Agreement shall be a member of the Provident Fund and the Rules of the Fund as registered and amended from time to time in terms of the Pension Fund Act shall apply. (iiic) The Council shall ensure compliance with the Rules of the Fund relating to the payment of contributions and the submission of monthly returns and follow its dispute resolution procedure to obtain such compliance. (ivd) The Fund shall be administered in accordance with the Fund Rules specified for this purpose by the Fund’s Board of Trustees with the approval of the Financial Services Board and in terms of the Pension Fund Act. (ve) Auditors as defined in the applicable law shall be appointed by the Board of Trustees who shall audit the account of the Fund in compliance with the relevant legislation (vif) A copy of the annual audited financial statement and the Approved Rules by the Financial Services Board shall be submitted to the Registrar of Labour Relations as well as the Financial Services Board.. 37. INCENTIVISED WAGE NATIONAL FRAMEWORK AGREEMENT Contained in Annexure E. CODE OF GOOD PRACTICE ON KEY ASPECTS OF HIV/AIDS AND EMPLOYMENT WITHIN THE CLOTHING MANUFACTURING INDUSTRY OF SOUTH AFRICA

Appears in 1 contract

Samples: National Main Collective Agreement

PROVIDENT FUND CONTRIBUTIONS. (ia) The Fund continues as part of this Agreement and registered with the Financial Services Board (FSB) and administered in accordance with the Xxxxxxx Xxxxx Xxx, 0000 (Act 24 of 1956) (as amended). (iib) Every employee under the jurisdiction of this Part of the Agreement shall be a member of the Provident Fund and the Rules of the Fund as registered and amended from time to time in terms of the Pension Fund Act shall apply. (iiic) The Council shall ensure compliance with the Rules of the Fund relating to the payment of contributions and the submission of monthly returns and follow its dispute resolution procedure to obtain such compliance. (ivd) The Fund shall be administered in accordance with the Fund Rules specified for this purpose by the Fund’s Board of Trustees with the approval of the Financial Services Board and in terms of the Pension Fund Act. (ve) Auditors as defined in the applicable law shall be appointed by the Board of Trustees who shall audit the account of the Fund in compliance with the relevant legislation (vif) A copy of the annual audited financial statement and the Approved Rules by the Financial Services Board shall be submitted to the Registrar of Labour Relations as well as the Financial Services Board.. CODE OF GOOD PRACTICE ON KEY ASPECTS OF HIV/AIDS AND EMPLOYMENT WITHIN THE CLOTHING MANUFACTURING INDUSTRY OF SOUTH AFRICA

Appears in 1 contract

Samples: National Main Collective Agreement

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