Legal updates and opinions
News / News
Urgent update: COVID-19 Temporary Employer / Employee Relief Scheme (“TERS”)
by Jacques van Wyk, Director; Andre van Heerden, Senior Associate; and Thabisa Yantolo, Candidate Attorney
The Unemployment Insurance Fund (“UIF“) are accepting June Covid-19 TERS applications on their online portal. The online portal may be accessed at: https://uifecc.labour.gov.za/covid19/. The online portal provides new login rules which are aimed at preventing issues for users logging into the portal.
On 14 July, the Department of Employment and Labour published a statement in which the UIF announced that they have introduced new measures for account verification in order to eliminate fraud. These measures include a new rule that requires applicants on the TERS online portal to insert either the Enterprise number (CK/CIPC) or the ID number of the bank account holder. The purpose of this new rule is to further verify the banking details against the authorised claimant. The UIF Commissioner stated that they expect that the upfront account verification and validation prior to payment will increase the turnaround time by two days.
The full published statement may be accessed at: https://www.gov.za/speeches/employment-and-labour-measures-bank-account-verification-eliminate-fraud-14-jul-2020-0000.
Latest News
Exemptions for certain short-term insurers and long-term insurers providing premium relief
by Hilah Laskov, Senior Associate and Chelsea Roux, Candidate AttorneyReviewed by Shayne Krige, Director and head of the Investment Funds & Private [...]
Directive by the FSCA and Prudential Authority
by Hilah Laskov, Senior Associate and Chelsea Roux, Candidate AttorneyReviewed by Shayne Krige, Director and head of the Investment Funds & Private [...]
Urgent update: COVID-19 TEMPORARY EMPLOYEE / EMPLOYER RELIEF SCHEME
By Andre van Heerden, Senior Associate; Jacques van Wyk, Director, Bradley Workman-Davies, Director; and Thabisa Yantolo , Candidate Attorney On [...]
The Legal 500 Europe, Middle East & Africa Rankings
The Legal 500 has released its 2020 rankings for the EMEA region yesterday. Regarded as one of the world's largest [...]
COVID-19 and IP offices
by Donvay Wegierski, Director and Janine Hollesen, Director The pandemic has changed the way in which many of us are [...]
COVID-19 and the resultant impact on the distribution obligations of Real Estate Investment Trusts (REITs)
by Kashvi Lalla, Director and Raquel Goncalves, Candidate Attoney The nationwide lockdown following the Covid-19 outbreak has undoubtedly impacted the [...]
