INSTALLMENT SETTLEMENTS
Please be informed that with effect from 1 January 2013:
1. 20% of the balance owed will be required upfront in order to enter into an instalment arrangement.
2. The installment arrangement will be approved for a maximum period of 12 months.
3. Interest of 10% will be levied on all installment arrangements.
4. Should the installment fall overdue, the full balance becomes payable immediately.
5. Employers will be served with court orders for all instalments not honoured.