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Amended Unemployment Insurance (UIF) Act

by Lloyd Ramutloa last modified 2010-09-01 01:30

5. Application of Fund

Unemployment Insurance Act (No. 63 of 2001 )
as amended by the
Amendment - Unemployment Insurance Act

Chapter 2 : Unemployment Insurance Fund


5. Application of Fund

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 Insurance Board and its committees; and

(ii)        any other expenditure reasonably incurred and relating to the application of this Act.


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