15. Restrictions on collective agreements in certain new undertakings.
(1) No collective agreement to which this section applies shall contain provisions with regard to terms and conditions of service that are more favourable to workmen than those contained in Part XII of the Employment Act 1955, unless the provisions are approved by the Minister after considering any representations in that regard made by an employer and a trade union representing his workmen:
Provided that the Minister may amend or modify the provisions before approving them.
(2) This section applies to collective agreements made between an employer and a trade union representing his workmen in respect of, or in relation to -
(a) a pioneer company which has been granted pioneer status under section 6 of the Promotion of Investments Act 1986;
(b) any other industry in respect of which the Minister may be notification in the Gazette declare that this section shall apply.
(3) This section shall apply to industries specified in subsection (2) for a period of five years from the date such industries commence, or have commenced, operation in Malaysia:
Provided that the Minister may from time to time by notification in the Gazette extend the period for such further period or periods as the Minister may decide.
