sec.15Payment of moneys into the fund

sec.15 Payment of moneys into the fund

At the end of each calendar month, all moneys standing to the credit of the benefits trust fund of a corporation, save those received from the fund pursuant to section 16 and an amount representing the proportion of contributions referred to in section 17 (1) (e) , shall be transferred by the corporation to the fund. Maximum penalty—2 penalty units. Such moneys thereupon form part of the fund. An offence against subsection (1) is a continuing offence and may be charged in 1 or more complaints for periods the offence continues. Maximum penalty for each day the offence continues after a conviction against subsection (1) —1 penalty unit. s 15 amd 2003 No. 73 s 144 ; 2005 No. 14 s 2 sch ; 2013 No. 25 s 36 (sec.15-ssec.1) At the end of each calendar month, all moneys standing to the credit of the benefits trust fund of a corporation, save those received from the fund pursuant to section 16 and an amount representing the proportion of contributions referred to in section 17 (1) (e) , shall be transferred by the corporation to the fund. Maximum penalty—2 penalty units. (sec.15-ssec.2) Such moneys thereupon form part of the fund. (sec.15-ssec.3) An offence against subsection (1) is a continuing offence and may be charged in 1 or more complaints for periods the offence continues. Maximum penalty for each day the offence continues after a conviction against subsection (1) —1 penalty unit.