Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesNational Bargaining Council of SA Leather IndustryTanning SectionCollective Agreement10. General10.1. Insurance of wages in case of fire |
| (1) | An employer will be insured with a registered insurance company against the loss of wages due to fire. |
| (2) | The policy will be for an amount of one week’s wages for all his employees. |
| (3) | On a request from the Council, the employer will produce a certificate within 14 days from the insurance company certifying that he is covered in terms of the requirements of this subclause. |
| (4) | Should the employer be unable to insure the employees’ wages in terms of this clause, he will, within two months of this agreement coming into operation or within two months of commencing business in the Industry, lodge with the Council an amount equal to one weeks’ wages of his employees. |
Money lodged with the Council in terms hereof will be invested in a special trust investment account and remain the property of the employer until paid to employees. Any interest accruing to the money so invested will accrue to the general funds of the Council.