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58
The MA has drawn up a set of appeal procedures with the Financial Secretary as the final appeal authority to safeguard the interests of staff following the exclusion from the Commission's purview. The staff concerned have indicated no objection. The PSC has also been consulted and agreed to the proposal.
Mr President, with these remarks, I beg to move.
End/Wednesday, July 19, 1995
Protection of Wages on Insolvency Ordinance
Following is the speech by the Secretary for Education and Manpower, Mr Michael Leung, in moving a resolution of the Protection of Wages on Insolvency Ordinance in the Legislative Council today (Wednesday):
Mr President,
I move the motion standing in my name on the Order Paper.
The purpose of this resolution is to increase the maximum payment from the Protection of Wages on Insolvency Fund in respect of severance payment.
Under the Protection of Wages on Insolvency Ordinance, a person owed arrears of wages, wages in lieu of notice or severance payment by his insolvent employer may apply for ex-gratia payment from the Protection of Wages on Insolvency Fund, subject to the maximum limits set out in the Ordinance.
The present coverage of the Fund is as follows-
(a)
arrears of wages up to $18,000 for services rendered not more than four months prior to the date of application;
(b)
wages in lieu of notice up to one month's wages or $6,000, whichever is less; and
(c)
severance payment up to $8,000 plus 50% of any excess entitlement over $8,000 under the Employment Ordinance.