Protection of Businesses Act, 1978
R 385
Unemployment Insurance Contributions Act, 2002 (Act No. 4 of 2002)Chapter 2 : Duty to Contribute and Recovery of Contributions11. Payment of amounts collected by Commissioner into National Revenue Fund |
| (1) | The contributions, interest and penalties collected by the Commissioner in terms of this Act must, after deduction of any refunds, be paid into the National Revenue Fund. |
| (2) | The total amount of contributions, interest and penalties paid into the National Revenue Fund in terms of subsection (1) is a direct charge against the National Revenue Fund of the credit of the Unemployment Insurance Fund. |
| (3) | The Director-General must, within 14 days after receipt of the notice from the Commissioner in terms of section 8(4), authorise the transfer of the amount of the contributions, interest and penalties paid into the National Revenue Fund to the Unemployment Insurance Fund. |
