13th month pay financial assistance - Letter of agreement
[Applicants address]________________________________________________________________Dear Mr/Mrs ________________13th Month Pay Financial Assistance - Letter of AgreementThis letter confirms that in accordance with the section 46C of the Employment Act, the 13th Month Pay Committee assessed the application you made on the ____________ to request for assistance with regards to payment of 13th month pay for the following employees— ----We would/like to hereby inform you that your application has been approved and that financial assistance for the payment of 13th month pay for the above mentioned employee will be made to your bank account within 10 days from the date the 13th Month Committee/officially receives a duly signed original copy of this letter.Whereas you reaffirm that all information provided in your application was true and correct, you also agree with the terms and conditions attached to the disbursement of funds necessary to assist you comply with your legal obligations.The terms and conditions are as follows—
1.An amount of SR ______________ has been approved as financial assistance for 13th month pay to your employees for the year ______________.2.The payment of this amount shall be effective on the bank: account number xxxxxxxxxx within 10 days from the date a copy of this letter duly signed is remitted to the 13th Month Pay Committee;3.Each of your Seychellois employee for whom application has been approved shall receive payment of the 13th month pay within 5 working days from the date the financial assistance has been credited on your bank account.4.You are required to submit proof of payment made to the above mentioned employees (either by cash payment, cheques or bank: transfers) within 15 working days after the 13th month pay has been received by the employee to the Chairperson of the 13th Month Pay Committee.5.The 13th Month Pay Committee is allowed to request any information in relation to the claim you have made even after the time approval has been granted and you should produce the information requested within 7 working days from the day of the request.6.Any false information you may provide and leading to the undue granting of the financial assistance will annul the approval from the 13th Month Pay Committee and you will have to refund the integral amount that was not due to you within 30 working days from the time the 13th month committee notifies you of the annulment of the approval.7.In addition to paragraph 6, further legal action may be taken.
Signed in one original and a duplicate on this ______________ day of ______________.________________Applicant (Employer)________________Chairperson of the 13th Month Pay Committee