Clause 47

No contract of service or collective agreement made after the date of the coming into operation of this Act between an employer and his employees or a trade union representing his employees shall contain any provision for the payment of or any promise to pay a bonus or ex-gratia payment:Provided that an employer may make a payment of a bonus or ex-gratia payment commensurate with his profits as an incentive to an employee to increase his productivity or as a reward for the performance of such employee.