paragraph 32 1 a schedule 2 administration of justice act 1985
(a)Â a copy of the proposed workout agreement signed by the employer and the representatives that consent to it; (b)Â the funding schedule in the form that the Superintendent directs; (c)Â a written statement from each representative who consents to the proposed workout agreement or the employer, as the case may be, confirming that the requirements set out in subsection 29.2(1) have been met; (d)Â a written statement in which the employer confirms that the requirement set out in subsection (2) has been met; and. (a)Â an employer who is a party to a pension plan sells, assigns or otherwise disposes of all or part of its business or undertaking or all or part of the assets of its business or undertaking, (b)Â an employee of that employer becomes an employee of the person acquiring the business, undertaking or assets (in this section called the âsuccessor employerâ), and. (c)Â to any requirement under this Act exempted, by regulation, from the application of those subsections. (2)Â The reasonable fees and expenses of the representatives must be paid by the employer and not out of the pension fund. (4)Â The Minister may approve the funding schedule only if, in the Superintendentâs opinion, it complies with the regulations made under subparagraph 39(1)(n.1)(v). Russell House, Oxford Road, Bournemouth, BH8 8EX Marginal note:Certain provisions of provincial law to apply. 01202 786341 29.1Â (1)Â Subject to the regulations made for the purposes of sections 29.03 to 29.09, this section and sections 29.2 and 29.3, the employer and the representatives may negotiate a workout agreement that, among other things, proposes a funding schedule in respect of the pension plan for the period specified in the agreement. interventions@la-law.com. See coming into force provision and notes, where applicable. (2)Â A representative who is not a bargaining agent may consent to a proposed workout agreement only if less than one third of the members or beneficiaries that they represent object to the agreement within the prescribed period. Lester Aldridge, Marginal note: Workout agreement 29.1 (1) Subject to the regulations made for the purposes of sections 29.03 to 29.09, this section and sections 29.2 and 29.3, the employer and the representatives may negotiate a workout agreement that, among other things, proposes a funding schedule in respect of the pension plan for the period specified in the agreement. 556935. (a)Â the addressee has consented and has designated an information system for the receipt of the electronic document; (b)Â the electronic document is provided to the designated information system; and. 29.09Â (1)Â The employer and administrator must provide the representatives with any prescribed information in the prescribed manner and within the prescribed period. Act current to 2020-09-09 and last amended on 2019-06-21. (2)Â The request for approval of the funding schedule may be submitted to the Minister only if less than one third of the members and less than one third of the beneficiaries object to the proposed workout agreement within the prescribed period. Intervention, Outcome date: In deciding whether or not to approve the funding schedule, the Minister must consider the prescribed criteria and any other matter that the Minister considers relevant. it is necessary to intervene to protect the interests of clients and former clients of the firm (paragraph 32(1)( e) Schedule 2, Administration of Justice Act 1985. appropriate Minister. Previous Versions, Marginal note:Obligation of employer and administrator. Marginal note:Effect of sale, etc., of business. This outcome was reached by SRA decision. administration or in the exercise of a public power or the performance of a public function, by giving effect to the right to just administrative action, BE IT THEREFORE ENACTED by the Parliament of the Republic of South Africa, as follows:- PROMOTION OF ADMINISTRATIVE JUSTICE ACT 3 OF 2000 Page 1 … Act current to 2020-09-09 and last amended on 2019-06-21. (a)Â to any requirement under this Act to provide the Minister or the Superintendent with information; (b)Â to any requirement under this Act, imposed on the Minister or the Superintendent, to provide a person with information; or. the period of employment shall be deemed to include employment with both the employer and the successor employer without any interruption. Previous Versions. 29.3Â (1)Â The proposed funding schedule may take effect only if it is approved by the Minister, on the request of the employer and the representatives who consent to the proposed workout agreement. For enquiries please call of RULES BOARD FOR COURTS OF LAW ACT 107 OF 1985 [ASSENTED TO 10 JULY 1985] [DATE OF COMMENCEMENT: 20 FEBRUARY 1987] (Afrikaans text signed by the State President) ACT To provide for the making of rules for the efficient, expeditious and uniform administration of justice in the Supreme Court of Appeal, High Courts and lower courts; for that purpose to make provision for the … (c)Â the information in the electronic document is accessible by the addressee and capable of being retained by the addressee, so as to be usable for subsequent reference. (2)Â Where the events described in paragraphs (1)(a) and (b) occur, whether or not the successor employer assumes responsibility for the accrued benefits of the employerâs plan, then, (a)Â for the purposes of the employerâs plan, membership in the employerâs plan of an employee referred to in paragraph (1)(b) shall be deemed not to have ceased by reason of those events; and, (i)Â determining the period of employment with respect to any eligibility condition of the successor employerâs pension plan, and. 23 September 2019, Firm or organisation at date of publication, Name: (5)Â The Minister must notify the Superintendent, employer, administrator and representatives of the decision and, if the funding schedule is approved, must provide the Superintendent with a copy of the schedule. or email Pension Benefits Standards Act, 1985.
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