Reinforcing steel erector. i. An employer is required to remit to the Commission, with its monthly report, $0.02 for every hour worked by each employee in the month preceding its report. Due to the accumulated surplus in this welding qualification fund, the employer is granted a contribution holiday ($0.02) for the duration of the current collective agreement. ii. The amounts thus collected constitute a welding qualification fund for which the Commission is fiduciary and which it administers, as need be, solely in compliance with the terms and conditions established by the occupational subcommittee for the above trades, set up under Section 18.12 of the Act. Each of these special compensation funds is used only to compensate an employee for registration fees, the time required and travelling expenses related to the obtaining or renewal of his certificate as issued by the Canadian Welding Bureau, within the limits specified in Paragraph iii. hereof. iii. The welding qualification fund reimburses an employee who passes an exam written to obtain or renew a two position CWB certificate, for the registration fees, travelling expenses and the time required, when he is in the service of an employer, up to $300.00. This amount may be increased to $500.00 by resolution of the trade occupational subcommittee during the term of the collective agreement. The employee shall provide the necessary proof of his passing the exam and the expenses incurred.
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Samples: Collective Agreement, Collective Agreement, Collective Agreement
