Legal updates and opinions
News / News
Update: COVID-19 Temporary Employer / Employee Relief Scheme (“TERS”) Extension
by Jacques van Wyk, Director; Andre van Heerden, Senior Associate; and Thabisa Yantolo, Candidate Attorney
On 7 September 2020 the Minister of Employment and Labour, Thembelani Waltermade Nxesi, (“Minister“) published a COVID-19 TERS Direction (“Direction“). The Direction extends the COVID-19 TERS benefit.
The Direction is deemed to have commenced on 16 August 2020. The Direction will remain in operation for the duration of the declaration of a national disaster or until the Minister withdraws the Direction. Our more detailed article on the Direction may be accessed at: https://werksmans.com/legal-updates-and-opinions/urgent-update-covid-19-temporary-employer-employee-relief-scheme-ters-2/.
The Direction may be accessed at: https://www.gov.za/sites/default/files/gcis_document/202009/43693gon968reg11172.pdf.
In addition, the Department of Employment and Labour (“Department“) published a statement on the extension of the TERS benefit payments (“Statement“). Key aspects of the Statement are as follows: –
- The TERS benefit has been extended to 15 September 2020;
- The Unemployment Insurance Fund (“UIF“) will accept applications for the period March 2020 to end of July 2020 until 15 September;
- The UIF will accept applications for August 2020 to 15 September until 30 October 2020; and
- No further applications will be accepted beyond the closing dates.
The full statement may be accessed at: https://www.gov.za/speeches/employment-and-labour-extends-uif-covid-19-ters-relief-benefif-payments-7-sep-2020-0000.
Latest News
Is your iPhone “illegal”?
and Ntombi Nzimande - Candidate Attorney Vertical integration is a powerful strategy employed by businesses to control more than one [...]
Credit Providers as Accountable Institutions
- Reviewer; Authored by Slade van Rooyen, Candidate Attorney Incidental credit attracts renewed interest in the context of the Financial [...]
Bulelwa Mabasa, Director and Head of Land Reform, spoke to 702
Bulelwa Mabasa, Director and Head of Land Reform, spoke to 702 discussing the potential new mining rush for critical [...]
Implications on Mining Communities in the ‘New Minerals’ Revolution
The advent of the of the discovery of new critical minerals in the quest to fulfil the growing demand for [...]
Sand Hawks (Pty) Lt d and Another v Labonte 5 (Pty) Ltd and Others [2024] ZASCA 122 (16 August 2024)
Tshegofatso Matlou - Candidate Attorney In this decision the Supreme Court of Appeal ("SCA") was required to determine whether the [...]
Business Rescue: A tool for the realignment of capital resources in a distressed environment
In September 2024, corporate restructuring and business rescue remains an active area of practice. The market is seeing financial distress [...]
