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R 385
Compensation for Occupational Injuries and Diseases Act, 1993 (Act No. 130 of 1993)Chapter VI : Determination and calculation of compensation52. Payment of lump sum in lieu of pension |
(1) | If a pension does not exceed a prescribed amount, the Director-General may, upon the application of the pensioner, pay or direct the payment of a lump sum in lieu of that pension or a portion thereof. |
(2) |
(a) | If a pension exceeds the prescribed amount, the Director-General may, upon the application of the pensioner, in lieu of a portion of that pension not exceeding the prescribed amount pay or direct the payment of a lump sum. |
[Section 52(2)(a) substituted by section 20 of Act No. 61 of 1997]
(b) | If the balance of the pension payable is less than the prescribed amount per month, the Director-General may pay or direct the payment of a lump sum in lieu of the whole of such pension. |
(3) | No pension or portion of a pension due to a child shall be paid in a lump sum. |
(4) | Any lump sum in terms of this section shall be calculated on the basis determined by the Director-General, and the payment thereof shall be subject to the control of the Director-General as referred to in section 59. |