Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesBargaining Council for the Building Industry, Cape of Good HopeExtension to Non-parties of the Main Consolidated Collective AgreementChapter Eleven: Compliance, Monitoring and Exemptions54. Fines, Arbitration Costs and Interest |
| (1) | The fine that the Secretary may impose, and an arbitrator shall impose for a failure to comply with a provision of a Collective Agreement is as follows: |
| (a) | The fine application for failure to pay an amount due to an employee/party in terms of any provision, shall be 25% of the amount due, plus any interest owing on the amount at the date of the order. |
| (2) | An arbitrator appointed by the Secretary, or a person so designated by the Secretary may charge a party an arbitration fee and order a party to pay the costs of the arbitration provided that the fee and/or costs may not exceed the maximum amount allowed by the CCMA for a hearing. |
| (3) | An employer who does not pay to the Council the levies and contributions payable by him and his- employees each week within the period determined by the Council as defined in clause 5 shall pay interest to the Council at the prime bank rate charged by the Council's bank plus 2%, calculated from the due date of payment. |