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S.I. No. 63/1984 - Redundancy Payments (Variation of Employer's Redundancy Contribution) Regulations, 1984.

S.I. No. 63 of 1984.

REDUNDANCY PAYMENTS (VARIATION OF EMPLOYER'S REDUNDANCY CONTRIBUTION) REGULATIONS, 1984.

I, RUAIRÍ QUINN, Minister for Labour, in exercise of the power conferred on me by section 28 (3) of the Redundancy Payments Act, 1967 (No. 21 of 1967) (inserted by the Redundancy Payments Act, 1979 (No. 7 of 1979)), with the consent of the Minister for Finance, hereby make the following Regulations:

1. (1) These Regulations may be cited as the Redundancy Payments (Variation of Employer's Redundancy Contribution) Regulations, 1984.

(2) These Regulations shall come into operation on the 6th day of April, 1984.

2. In these Regulations "the Regulations of 1982" means the Redundancy Payments (Variation of Employer's Redundancy Contribution) Regulations, 1982 ( S.I. No. 75 of 1982 ).

3. The employer's redundancy contribution specified in section 28 (1) (inserted by the Redundancy Payments Act, 1979 (No. 7 of 1979)) of the Redundancy Payments Act, 1967 (No. 21 of 1967), shall, in lieu of the rate specified in the Regulations of 1982 as amended by the Redundancy Payments (Employer's Redundancy Contribution) Regulations, 1983 ( S.I. No. 84 of 1983 ), be calculated at a rate of 0.4 per cent. of the amount of the reckonable earnings referred to in the said Section 28 (1).

4. The Regulations of 1982 are hereby revoked.

GIVEN under my Official Seal, this 9th day of March, 1984.

RUAIRÍ QUINN,

Minister for Labour.

The Minister for Finance hereby consents to the making of the foregoing Regulations.

GIVEN under the Official Seal of the Minister for Finance, this 9th

day of March, 1984.

ALAN DUKES,

Minister for Finance.

EXPLANATORY NOTE.

The purpose of these Regulations is to change the rate of contribution payable by employers under the Redundancy Payments Acts 1967 to 1979 from 0.01 per cent to 0.4 per cent of the reckonable earnings of each worker covered by these Acts with effect from 6th April, 1984.