Legal updates and opinions
Author
News / News
Deadline for submission of COVID-19 Temporary Employer / Employee Relief Scheme (“TERS”) applications
By Jacques van Wyk, Director and Thabisa Yantolo, Candidate Attorney
On 30 April 2020 the Department of Employment and Labour released a statement regarding the deadline for submission of applications under the COVID-19 relief scheme. The statement can be found at: http://www.labour.gov.za/department-of-employment-and-labour-dispels-myths-that-it-has-reached-deadline-for-lockdown-relief-claims.
The Department has confirmed that the deadline for doing so has not yet been reached. The period for the benefit will depend on the Memorandum of Agreement concluded between the employer and the UIF but it will not exceed 3 months. The Department has also stated that employers should continue to apply for the TERS relief benefits until the Department indicates otherwise.
Latest News
Advancing credit to financially distressed companies – warning signals for suppliers and creditors?
Advancing credit to financially distressed companies Continued pressure on business and world economies due to the ongoing battle with the [...]
A bank’s choice of forum – what does the law say?
Setting the Scene It is common practice for consumers to take up mortgages and purchase motor vehicles on credit from [...]
Draft standards on address data published for public comment
Draft standards on address data 1. The Protection of Personal Information Act 4 of 2013 ("POPIA") has a wide application [...]
Treasury modifies the interest limitation proposals
Proposed interest limitation rules In 2019 Treasury released a discussion document dealing with the proposed interest limitation rules that would [...]
Business rescue and employee rights
What happens to employees when their employer is placed into business rescue? What happens to employees when their employer is [...]
JSE efforts to reduce red tape in Section 9 of the Johannesburg Stock Exchange Listing Requirements: Part 2
Johannesburg Stock Exchange Listing On 5 March 2021, the Issuer Regulation Division of the JSE issued a Market Notice on [...]
