Rule 321 — Ordinary annual contributions

Parent Act Section(s): See cross-references below

Full Text

Ordinary annual contributions.– The ordinary annual contribution by the employer to a fund shall be made on a reasonable basis, as may be approved by the approving authority, having regard to the length of service of each 1 employee concerned, but such contribution shall not exceed 8 % of the salary of each employee during each year. 3

[To be populated — interpretive notes, circular references, case law pointers]