Payroll Deduction Sub-Agreement Sample Contracts

PAYROLL DEDUCTION SUB-AGREEMENT TO THE MAIN AGREEMENT
Payroll Deduction Sub-Agreement • July 16th, 2015

The Independent Schools Association of Southern Africa Pension Scheme and Independent Schools Association of Southern Africa Provident Fund (Registration numbers: 18/204/6603 and 18/204/22493) (Herein referred to as "the Funds") and FirstRand Bank Limited (Registration number: 1929/001225/06) (represented by FNB Loans) have entered into a Smart Housing Plan Surety Agreement dated 18th March 2015 whereby the Bank shall provide Smart Housing Plan Loans to qualifying Members of the Fund in accordance with the Pension Funds Act 24 of 1956, the Fund rules and the Bank’s credit policies that are applicable to the Smart Housing Plan Loan Product.

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