Basic Conditions of Employment Act, 1997 (Act No. 75 of 1997)Sectoral DeterminationsSectoral Determination 11 : Taxi SectorPart B : Minimum Wages3. Annual increase |
| (1) | Subject to sub-clause (3), the minimum wage— |
| (a) | set in terms of clause 2 will increase by the CPIX + 2% for the period of 12 months commencing one year after this determination comes into effect; |
| (b) | set in terms of paragraph (a) will increase by the CPIX + 2% for the period commencing two years after this determination comes into effect. |
| (2) | For the purposes of this clause, the CPIX is the Consumer Price Index1 as reported by Statistics South Africa six weeks before the increase becomes effective. |
| (3) | If the CPIX is 10% or higher at a date contemplated in sub-clause (2), the minimum wage will be increased by the CPIX and the increase determined in sub-clause (1)(a) or (b) will not apply. |
1 Defined by Statistics South Africa as the Consumer Price Index excluding interest rates on mortgage bonds for the historical metropolitan and other urban areas.