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Bill

Fair Entitlements Guarantee Amendment Bill 2014

lapsed, as at 2016-04-17. Employment portfolio.

Sponsor
Not recorded
Portfolio
Employment

Recorded stages

Divisions

Plain-language summary

Written by a model from the explanatory memorandum; not the record, as at 2014-09-04.

This bill would change the Fair Entitlements Guarantee Act 2012, which helps eligible workers get unpaid wages and other entitlements when their employer goes bankrupt or into liquidation.

It would align the maximum redundancy pay under the scheme with the cap set by the National Employment Standards in the Fair Work Act, and make several technical clarifications to how the scheme operates.

The changes would start on 1 January 2015 or the day after Royal Assent, whichever is later, except for the funding arrangement for legal costs, which would apply from 1 July 2015.

Eligible employees who lose their job due to employer liquidation or bankruptcy, their next of kin or estates, and the Department handling claims.

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