~
le
Since
April
1985,
when
the Fund
came
into
operation, eight applications involving 16 employees have had to be refused by the Commissioner for Labour because of this restriction. If claims of $5,000 or less are accepted,
it is estimated that there will be about 30 such claims a
a
ᄉ
year,
involving, payment of about $150,000 from the Fund.
This represents less than 1
per cent
of annual payments from
the
fe Fund. le
Je
Clause 2 of the Bill seeks to amend Section 16 of
the Ordinance to enable the Commissioner for Labour to make
ofle exfgratia payments
lo
from
the Fund
to
are
employees who
prevented from presenting a bankruptcy petition because of
the restriction in Section
6(1)(a) of the
Bankruptcy
Ordinance.
to be
Sir,
this seems to me
a very
worthwhile
improvement to the Ordinance and it has the support of both the Labour Advisory Board and of the Fund Board.
I move that the debate on this motion be adjourned.
Question on adjournment proposed, put and agreed to.