Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesNational Bargaining Council for the Electrical Industry of South AfricaExtension to non-parties of the COVID-19 Lockdown Collective Agreement4. Access to Unemployment Insurance Fund (UIF) COVID-19 Benefits |
4.1 | The parties authorise the Chairperson and Vice Chairperson of the Bargaining Council to sign a Memorandum of Agreement with the UIF Commissioner and/or the Minister of Employment and Labour or their respective nominee, which sets out the terms on which UIF funds will be released to the Bargaining Council for the sole purpose of executing the provisions of this agreement. |
4.2 | The parties authorise the National Finance Manager of the Bargaining Council to open a dedicated bank account into which all UIF funds advanced to the Bargaining Council for the execution of the purpose of this agreement shall be deposited. |
4.3 | No funds shall be disbursed from the bank account referred to in sub-clause 4.2 above, other than that which is duly authorised and which is exclusively intended for the purposes of this agreement. |
4.4 | The UIF funds are solely and exclusively intended to provide a wage subsidy for qualifying employees during the lockdown period declared by government and during which no wages/salaries are due and payable by employers. |
4.5 | The officials of the Bargaining Council shall at all times ensure that proper records, including all supporting documents of all income and disbursements from the bank account referred to in sub-clause 4.2 of this agreement, are safely kept and secured. |
4.6 | The Bargaining Council shall submit consolidated reports to the UIF Commissioner of all income and disbursements pertaining to the bank account referred to in sub-clause 4.2 of this agreement. |
4.7 | The Bargaining Council shall ensure that, post the lockdown period, the records of the bank account referred to in sub-clause 4.2 of this agreement, will be accessible to authorised persons from the UIF for a period of 5 years from date of the last transaction. |
4.8 | The Information and supporting records which employers would be required to submit for accessing of funds shall be made available to the UIF, on request from the UIF. |
4.9 | Any UIF funds and applicable interest which remain after the COVID 2019 lockdown shall be fully refunded to the UIF within one week following the conclusion of the audit referred to in sub-clause 4.7 of this agreement. |