15

WEDNESDAY, JUNE 21, 1989

CLAUSE 5 PROVIDED THAT IN FUTURE A

PARTICULAR

AGE SHOULD BE

ATTAINED. AS ONE WOULD EXPECT, ON THE DAY OF THE BIRTHDAY.

MR MATHEWS SAID THE BILL IMPLEMENTED

THE MALN

RECOMMENDATION

OF THE LAK REFORM COMMISSION REPORT.

AS THE OTHER RECOMMENDATIONS COVERED A WIDE RANGE SUBJECTS. IT WAS INTENDED THAT THOSE RECOMMENDATIONS SHOULD WITH IN SEPARATE LEGISLATION.

DERATE ON THE BILL WAS ADJOURNED.

BF

OF DISPARATE DEALT

EXTENSION OF FUND TO INCLUDE SEVERANCE PAYMENTS PROPOSED

FUND TO IN THE

ON INSOLVENCY ORDINANCE AMENDMENT OF THE PROTECTION OF WAGES TO EXTEND COVERAGE OF THE PROTECTION OF WAGES ON INSOLVENCY

PROPOSED WAS EMPLOYER SEVERANCE PAYMENTS UP TO $4.000 LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

PER

MOVING THE SECOND

READING

OF THE

THE

PROTECTION SECRETARY FOR THE OPERATION OF

WAGES OF

ON EDUCATION AND THE FUND HAD

INSOLVENCY AMENDMENT: BILL 1989. MANPOWER. THE HON HON BRIDGE. SALD RECENTLY BEEN REVIEWED. AND A CONCLUSION REACHED THAT ITS SCOPE SHOULD BE EXTENDED TO GIVE SOME HELP WITH SEVERANCE PAYMENTS.

TO PROVIDE HELP HE EXPLAINED THAT THE OBJECT OF THE FUND WAS

INSOLVENT. AT THE QUICKLY FOR EMPLOYEES WHEN THEIR EMPLOYERS BECAME

LIEU OF ARREARS AND UNPAID WAGES IN MOMENT THE FUND COVERED WAGES IN NOTICE.

"THESE PAYMENTS ARE INTENDED DIFFICULT PERIOD AFTER THE SUDDEN LOSS OF EMPLOYMENT.

ΤΟ

TIDE

AN EMPLOYEE

OVER

THE

THE IMPROVE TO GRADUALLY "OUR AIM IS EMPLOYEES BY THIS FUND." HE SAID.

PROTECTION GIVEN

то

TO PRUDENT

THE LIMIT

HELP MR BRIDGE SAID IT WAS CONSIDERED

PER EMPLOYEE IN THE WITH SEVERANCE PAYMENTS NOW PROPOSED TO $4.000

A FEW FIRST INSTANCE BECAUSE THE FUND HAD ONLY BEEN IN OPERATION FOR YEARS. AND ITS FUTURE FINANCIAL POSITION WAS DIFFICULT TO FORESEE.

FUND BOARD AND BE SHOULD THE FUND

HE SAID THE PROTECTION OF VAGES ON INSOLVENCY

AGREED THAT BOARD BOTH ADVISORY

THE LABOUR EXTENDED TO INCLUDE SEVERANCE PAYMENTS.

PAYMENT. A

MAJORITY OF THE FUND PER EMPLOYEE

"AS REGARDS THE AMOUNT OF BOARD FAVOUR THE CAUTIOUS APPROACH OF A LIMIT OF $4.000 IN THE FIRST INSTANCE,

/"THERE IS

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