Unemployment Insurance Contributions Act, 2002 (Act No. 4 of 2002)

Chapter 3 : General

16. Collection costs

Purchase cart Previous page Return to chapter overview Next page

 

(1)Subject to subsection (2), the Director-General must, on a monthly basis, defray the costs of collection by the Commissioner from the Unemployment Insurance Fund.

 

(2)The total amount of the costs contemplated in subsection (1), excluding the start-up capital which must be defrayed from the budget of the Department of Labour, shall be equal to one and a half per cent of the total amount of the payments collected, or where the actual expense exceeds one and a half per cent of that amount, such actual costs.