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

Notices

Purchase

36.1	If any amount that is payable to the Council in terms of this Agreement is not paid by the stipulated date—

(a)	interest accrues on that amount from the stipulated date of payment; and

(b)	the employer becomes liable for any legal costs incurred by the Council for recovery of the amounts due.

36.2	The interest referred to in 36.1 (a) is calculated at the rate of 15.5% which will become payable by the employer for non payment of contributions and levies.