Unemployment Insurance Act, 2001 (Act No. 63 of 2001)

Chapter 2 : Unemployment Insurance Fund

Purchase

The Fund must be used for the—

(a)	payment of benefits in terms of this Act;

(b)	reimbursement of excess contributions to employers;

(c)	payment of—

(i)	remuneration and allowances to members of the Unemployment

(ii)	any other expenditure reasonably incurred and relating to the application Insurance Board and its committees; and of this Act.

(d)	financing of the retention of contributors in employment and the re-entry of contributors into the labour market and any other scheme aimed at vulnerable workers.

[Section 5(d) inserted by section 2 of Notice No. 35, GG 40557, dated 19 January 2017 (Unemployment Insurance Amendment Act, 2016)]