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When it comes to COID, ignorance could equal criminal prosecution! Here's what you need to know to make sure you're complying

by , 22 April 2014
The Compensation for Occupational Injuries and Diseases Act (Coid) exists to protect both employees and employers. If you're neglecting to follow the regulations of the Act, you're breaking the law. You need stick to the regulations and make sure that you've registered for the compensation fund. Here's what you need to remember...

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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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Here's what the Coid Act regulations say you need to do…
 
The regulations of the Act are fairly simple. All it really involves is registering. Health and Safety Advisor says if you have one or more employees, you have to register for the compensation fund. That's the long and the short of it. 
 
The fund is there to cover the treatment of the injury or disease. It'll also provide a medical pension if your employee suffers an injury at work. But essentially, you're responsible for any pain or suffering your employee may suffer. This includes emotional suffering at not being able to do the things he/she enjoys.
 
 
But how do you actually apply for the compensation fund?
 
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One simple step to win over any labour inspector
 
By law, if you operate any machinery in your workplace, you must display the General Machinery Regulations Schedule D (Or Schedule C if you use boilers) where your employees can see it. This will be one of the first things a labour inspector will look for.
 
 
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The application process for the compensation fund explained
 
The Department of Labour says that the application process takes just two steps:
 
1. You need complete the workers compensation form in full using block letters
2. Send the completed form to the Compensation Commissioner via post, fax, or email
 
But COID doesn't apply to everyone. According to Labour Guide the following types of employer are exempt from the Act: 
 
National and provincial state departments;
Certain local authorities
Employers who have workman's comp insurance with a company other than the Compensation Fund like Mutual Associations.
 
So unless you fall under one of these points, ensure that you register with COID. Otherwise you will face criminal charges. 
 


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