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

Notices

Motor Industry Bargaining Council (MIBCO)

The Autoworkers Provident Fund Agreement

Extension to non-parties of the Autoworkers' Provident Fund Agreement

Clause 4 : Establishment and Objects of the Fund
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(1) The Auto Workers' Provident Fund (hereinafter referred to as the "Fund "), originally established in terms of Government Notice No. R. 837 of 23 June 1995, is hereby continued.

 

(2) The Fund shall consist of contributions as specified in this Agreement, and interest, dividends or rental earnings on investments.

 

(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.