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

Labour Market and Human Resource Development for Job Creation Social Plan

11. Investigation of Additional Forms of Financial Assistance

 

 

Government undertakes, within the first six months of the implementation of the national framework agreement on the social plan, to investigate the feasibility of providing additional forms of financial assistance for the development and implementation of social plans, the delivery of the Department of Labour services and for regional economic development initiatives as outlined above provided that such support :

 

1) Is justified within the context of a broader employment strategy.

 

2) Takes due account of the cost of job loss in respect of taxes to be lost and insurance to be paid.

 

3) Does not subsidise activities which the parties should normally undertake anyway.

 

4) Resources are available.