Common use of Unpaid Contributions Clause in Contracts

Unpaid Contributions. Should it be established that the company has failed to comply with the requirements of clause 4.6.2 in respect of any employee such company shall be liable to make the appropriate contributions retrospectively to the date the employee was engaged, plus an amount equivalent to the rate of return those contributions would have attracted in the relevant fund had they been paid on the due dates. The making of such contributions satisfies the requirements of clause 4.6.3 excepting that resort to clause 4.6.5 shall not limit any common law action which may be available in relation to death, disablement or any similar cover existing within the terms of a relevant fund.

Unpaid Contributions. Should it be established that the company has failed to comply with the requirements of clause 4.6.2 in respect of any employee such company shall be liable to make the appropriate contributions retrospectively to the date the employee was engaged, plus an amount equivalent to the rate of return those contributions would have attracted in the relevant fund had they been paid on the due dates. The making of such contributions satisfies the requirements of clause 4.6.3 excepting that resort to clause 4.6.5 shall not limit any common law action which may be available in relation to death, disablement or any similar cover existing within the terms of a relevant fund.clause

Unpaid Contributions. Should it be established that the company has failed to comply with the requirements of clause 4.6.2 in respect of any employee such company shall be liable to make the appropriate contributions retrospectively to the date the employee was engaged, plus an amount equivalent to the rate of return those contributions would have attracted in the relevant fund had they been paid on the due dates. The making of such contributions satisfies the requirements of clause 4.6.3 excepting that resort to clause 4.6.5 shall not limit any common law action which may be available in relation to death, disablement or any similar cover existing within the terms of a relevant fund. The making of such contributions satisfies the requirements of clause 4.6.3 excepting that resort to clause 4.6.7 shall not limit any common law action which may be available in relation to death, disablement or any similar cover existing within the terms of a relevant fund.