Social Welfare Act 2011
|
PART 3 Amendments to Redundancy Payments Act 1967 | ||
|
Amendment of section 29 of Redundancy Payments Act 1967. |
15.— (1) Section 29 of the Redundancy Payments Act 1967 (amended by section 6 of the Redundancy Payments Act 1979 ) is amended— | |
(a) in subsection (1), by substituting “15 per cent” for “60 per cent”, | ||
(b) in subsection (2), by substituting “5 per cent” for “40 per cent”, and | ||
(c) by inserting the following subsections after subsection (3): | ||
“(4) Where an employer makes a claim for a rebate on or after 1 January 2012 in respect of a lump sum payment paid to an employee under section 19 and the date of dismissal by reason of redundancy, referred to in section 19, occurs before 1 January 2012— | ||
(a) subsection (1) shall be read as if ‘60 per cent’ were substituted for ‘15 per cent’, and | ||
(b) subsection (2) shall be read as if ‘40 per cent’ were substituted for ‘5 per cent’. | ||
(5) Where an employer makes a claim for a rebate on or after 1 January 2012 in respect of a lump sum payment paid to an employee under section 19 in respect of an employee to whom section 12 applies and— | ||
(a) the date of the notice of intention to claim, referred to in section 12(1)(b), or | ||
(b) the date of the termination of the contract of employment of the employee concerned, referred to in section 12(2), | ||
occurs before 1 January 2012— | ||
(i) subsection (1) shall be read as if ‘60 per cent’ were substituted for ‘15 per cent’, and | ||
(ii) subsection (2) shall be read as if ‘40 per cent’ were substituted for ‘15 per cent’.”. | ||
(2) This section comes into operation on 1 January 2012. |