Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesBargaining Council for the Metal and Engineering IndustriesExtension of the Consolidated Main Collective Agreement to Non-parties (for the period 1 July 2021 to 30 June 2024)Part I22. Insurance of Tools |
Every employer shall take out an insurance policy with a registered insurance company insuring tools, which are the private property of his journeyman, apprentice and machinist employees, against the loss of tools arising out of a fire on the employers' premises. The cover under this clause for insurance of tools shall be from R2,500.00 to 100% of the replacement value of the tool, where the value can be proven.