S.L. 331.7 Art. 3Maternity and Adoption Leave Trust.

These regulations shall provide for the establishment of a

Trust, to be known as the Maternity and Adoption Leave Trust

(hereinafter referred to as "the Trust"):

(a) which shall be established in writing and by means of a unilateral declaration of trust in terms of article 7 of the Trust and Trustees Act;

(b) which shall be established for the purposes of receiving maternity and adoption leave contributions from employers as provided for in terms of the Tenth Schedule to the Social Security Act;

(c) in relation to which, the employers which contribute to this Trust shall, subject to the terms of the Trust, be entitled to reimbursement from this Trust, for any maternity and adoption leave payment paid to their employees;

(d) to which, subject to the provisions of regulation 7(2) of these regulations, the provisions of the Trusts and

Trustees Act shall apply.

* see regulation 1(2) of these Regulations, as originally promulgated.