1

4

$500,000

le government contribution should be

should be around $0.5

around $0.5 miklion if

per cent семя

levy on private sector employers was 1 in the first year.

the

сар

The bill also provides for

objections and appeals

against

contribution which may any

have been assessed, and

against any surcharge which may have been imposed due to late

payment.

сар

We intend to bring the provisions of the bill,

bill,

if

?

passed, into operation in two stages.

We intend to bring

those provisions relating to the establishment of the founcil, le

its

membership, powers,

procedures,

staffing and

financial

effect into

in

this August

year.

The

levy

Ro/cap

resources

provisions and those dealing with objections and appeals, that

is to say, parts IV and V of the bill, will be brought into

on

effect

industry to

1 January 1989.

the make

collection.

This will

allow

the

insurance

arrangements necessary

for

levy

In order to enable the founcil to begin work before

the first levy income which becomes due on 1 January 1989 but

is not actually received until May 1989, we propose to seek

the Finance Committee's approval

of a

setting-up grant of

about $5.5 million.

İsn.....

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