The Labour Relations Act provides for the self-regulation of Industries through the medium of Bargaining Councils. MIBCO is a Bargaining Council as envisaged in the Act whose mission is to create and maintain industrial peace and stability in the Motor Industry. It provides the following services to approximately 14 000 Employers and 182 000 Employees throughout the RSA. Forum and facilities for Collective Bargaining, Settlement of Labour Disputes, Provision of Social Benefits for the upliftment of all persons falling within the Industry, i. e. Pension, Provident, Medical, Sick, Accident, Maternity and Holiday Pay Funds. It consists of representatives from both Employers' and Employees' Organisations and has equal representation from both groups (see Organagram) . The Agreements negotiated by the Council are, where necessary, extended by the State to cover the entire Industry once satisfied that the Parties to the Council are in the majority.

Our objectives and main aims are:* to consider and regulate in accordance with the provisions of the labour relations act and the constitution of the republic of South Africa, matters of mutual interest to the parties to the council;* to promote sound employment relationships between employers and employees in the industry;* to prevent and resolve labour disputes in accordance with the industry's collective agreements and / or the constitution of the bargaining council;* to endeavour to promote and maintain Industrial peace in the industry;* to promote centralised bargaining and conclude and enforce collective agreements for the industry;* to consider, advise and make representations on any legislation or proposed legislation that may affect the relationship between the industry's employers and employees and their representative organisations;* to consider and deal with such other matters as may affect the interest of the parties and the industry;. ..

The Nhbrc- national home builder registration council