juris

Section 1:

National Savings Fund Act · THIRD SCHEDULE

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

1. Subject to paragraph 2, the Transition Unemployment Benefit shall be financed from— (a) the one per cent contribution of the worker and of the recycling fee in the National Savings Fund account of the worker and any interest accrued thereon, to the extent of 50 per cent of the Transition Unemployment Benefit; and (b) the Workfare Programme Fund to the extent of 50 per cent of the Transition Unemployment Benefit.

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