Labour Relations Act, 1995 (Act No. 66 of 1995)

Notices

National Bargaining Council for the Road Freight and Logistics Industry (NBCRFLI)

Main Collective Agreement

Part 11 : Administration of Agreement

72. Interest
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(1)Interest will be payable on any amount payable to the Council in terms of this Agreement and not paid on the due date.

 

(2)Interest is calculated from the due date to the final date of payment at a rate of 2% per month or part of a month.