Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesMotor Industry Bargaining Council (MIBCO)Motor Industry Provident Fund Collective AgreementExtension to Non-Parties of the Motor Industry Provident Fund Collective AgreementClause 4: Establishment and Objects of the Fund |
| (1) | The Motor Industry/MISA Provident Fund established on 1 January 2001 is hereby continued as the Motor Industry Provident Fund (hereinafter referred to as the "Fund"). |
| (2) | The Fund shall consist of: |
| (a) | Contributions paid to it in terms of this agreement; |
| (b) | Interest, dividends, rental income and capital gains derived from the investment of its moneys; |
| (c) | Money or any other assets transferred to it from any other pension or provident fund; and |
| (d) | Any moneys or other assets lawfully acquired from any other source\whatsoever. |
| (3) | The objects of the Fund shall be, in accordance with the rules of the Fund as determined from time to time, to provide benefits for members. |