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Here's what'll happen if you forget to register with COID

by , 11 July 2014
There are massive penalties for not complying with your legal obligation when it comes to health and safety. These can include huge fines and jail time for up to two years!

This applies to your COID registration too. According to the OHS Act, all business must register with the Compensation Fund.

If you've 'forgotten' to do so, all kinds of problems will come your way...

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Do you know when to claim from COID? Shocking survey reveals 5 out of 7 managers don't! 
 
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 Not registering with COID is a criminal offense

 
Firstly, if you don't register with COID you're breaking the law. This means the DoL can press criminal against you. 
 
If it finds you guilty of neglecting your health and safety obligations, you may face charges of criminal negligence. 
 
Those two years in jail will have a serious affect on your company and your position within it. 
 
Secondly, COID will make you pay serious fines! These fines can run into hundreds of thousands of rands and could seriously cripple your company. 
 
Don't think the Compensation Commissioner won't find out either. Because of his ties with SARS he gets access to your business' income tax returns. He takes these and compares them to the companies on his system. 
 
If he sees you have employees and you haven't registered with COID, he'll have your fine in the mail before you can do anything about it.
 
And there's one more thing that will happen if you 'forgot' to register with COID...
 

If you haven't registered with COID, you're liable for compensation 

 
Lastly, if one of your employees has an injury at work and you haven't registered with COID, you're the one who must pay his compensation.
 
Your employee can't get compensation from COID because you haven't registered. But he's legally entitled to receive workers' compensation. So that compensation must come from you as you're the one who's responsible for his health and safety.
 
Don't take this chance so rather go register with COID today! You can easily download the COID registrations form from the DoL's website.
 
*********** Hot off the press  ************
Do you have more than 20 employees?
 
Don't ignore this health and safety obligation or else!
 
The DoL will slap you with a R50 000 fine or 1 year in jail if you don't have a health and safety representative. 
 
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