WEDNESDAY, FEBRUARY 3, 1993
BETTER WAGE PROTECTION PROPOSED
THE
THE GOVERNMENT HAS PROPOSED TO RAISE THE MAXIMUM LIMIT ON AMOUNT OF EX-GRATIA PAYMENT FROM THE PROTECTION OF WAGES ON INSOLVENCY FUND IN RESPECT OF ARREARS OF WAGES AND WAGES IN LIEU OF NOTICE.
MOVING
TO
ON OF WAGES COUNCIL TODAY CHAN, MR JOHN
EMPLOYEES
IN
SECOND THE
READING OF THE PROTECTION BILL 1993 IN THE INSOLVENCY (AMENDMENT)
LEGISLATIVE (WEDNESDAY), THE SECRETARY FOR EDUCATION AND MANPOWER,
AIM WAS SAID THE
TO PROVIDE BETTER PROTECTION SITUATIONS WHERE THEIR EMPLOYERS HAVE BECOME INSOLVENT.
THE PRESENT MAXIMUM LIMITS HAVE NOT BEEN REVISED SINCE 1985 AND 1987 RESPECTIVELY.
"WE PROPOSE TO RAISE THE MAXIMUM EX-GRATIA PAYMENT IN RESPECT IN OF ARREARS OF WAGES FROM $8,000 TO $18,000 PER APPLICANT; AND THAT RESPECT OF WAGES IN LIEU OF NOTICE FROM SEVEN DAYS' WAGES UP TO $2,000 TO ONE MONTH'S WAGES UP TO $6,000, MR CHAN SAID.
THESE WITH
AMENDMENTS,
OF OVER 90 PER CENT
APPLICANTS FOR
ARREARS OF WAGES WOULD BE ABLE TO RECOVER THEIR FULL ENTITLEMENTS.
NOTICE, THE
"AS REGARDS WAGES IN LIEU OF
REVISION INCREASE THE COVERAGE SUBSTANTIALLY ALTHOUGH WE CANNOT ASCERTAIN EXTENT OF THE INCREASE AT THIS STAGE."
MR
WOULD
THE
IN CHAN
INCREASE SAID THE PROPOSAL WOULD NOT INVOLVE ANY
YEAR ON EACH THE EXISTING LEVEL OF LEVY, WHICH IS $250 A
COVER THE REGISTRATION CERTIFICATE, WOULD BE SUFFICIENT TO INCREASED PAYMENT FROM THE FUND.
LEVY AS BUSINESS
THE BILL ALSO SEEKS TO SIMPLIFY THE PROCEDURE FOR ADJUSTING THE
CEILING PAYMENT
ARREARS ON
OF WAGES
FOR FUTURE BY PROVIDING ADJUSTMENTS TO BE MADE BY RESOLUTION OF THE LEGISLATIVE COUNCIL.
DEBATE ON THE BILL WAS ADJOURNED.
BRITAIN WILL ENSURE FULL IMPLEMENTATION OF JOINT DECLARATION
JOINT
DECLARATION
IS FULLY
AFTER AND
BRITAIN'S PRINCIPAL OBLIGATION WITH RESPECT TO HONG KONG
THE 1997 WILL BE TO ENSURE THAT FAITHFULLY IMPLEMENTED.
THIS WAS STATED BY THE SECRETARY
FOR CONSTITUTIONAL AFFAIRS,
MR MICHAEL SZE, IN A WRITTEN REPLY TO A QUESTION BY DR THE HON LAM IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
CONRAD
/MR SZE
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