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

Notices

Motor Industry Bargaining Council (MIBCO)

Motor Industry Provident Fund Collective Agreement

Extension to Non-Parties of the Motor Industry Provident Fund Collective Agreement

Clause 4: Establishment and Objects of the Fund

Purchase cart Previous page Return to chapter overview Next page

 

(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 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.