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

Notices

Bargaining Council for the Building Industry, Cape of Good Hope

Extension to Non-parties of the Main Consolidated Collective Agreement

Chapter Eleven: Compliance, Monitoring and Exemptions

54. Fines, Arbitration Costs and Interest

Purchase

(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.