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Employee Protection (Employee Entitlements Guarantee) Bill 2003

2002-2003

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

 

 

 

 

 

Employee Protection (Employee Entitlements Guarantee) Bill 2003

 

No.      , 2003

 

(Mrs Crosio)

 

 

 

A Bill for an Act to provide for the establishment and administration of a scheme to guarantee the payment of wages and other accrued liabilities owed to employees in the event of employer insolvency, and for related purposes

   

   

   



Contents

Part 1—Preliminary                                                                                                                1

1............ Short title............................................................................................ 1

2............ Commencement.................................................................................. 1

3             Object of this Act............................................................................. 2

4               Non-application of this Act to employment by government or local government agencies  2

5               Extension to Territories.................................................................... 2

Part 2—Interpretation                                                                                                           3

6             Interpretation.................................................................................... 3

7             Insolvency........................................................................................ 4

Part 3—Employee Entitlements Protection Insurance                                       6

Division 1—Policy of employee entitlements protection insurance     6

8............ Nature of policy of employee entitlements protection insurance...... 6

9             Extent of employee's protection....................................................... 6

Division 2—Obligation to hold insurance                                                           7

10.......... Obligation to hold employee entitlements protection insurance........ 7

11           Exempt employers, partial exemptions etc...................................... 7

Division 3—Information about insurance                                                           8

12.......... Employer to give information to employees about employee entitlements protection insurance          8

13.......... Requests for information.................................................................... 8

14.......... Insurer to notify policy of employee entitlements protection insurance                8

15           Commissioner to give information on request to employee............. 9

Part 4—Approved insurers                                                                                                 9

Division 1—Approved insurer agreement                                                         9

16.......... Meaning of approved insurer............................................................. 9

17.......... Withdrawal from scheme.................................................................. 10

Division 2—The nominal insurer scheme                                                        10

18.......... The Commissioner to be nominal insurer......................................... 10

19.......... Approved insurers to contribute to costs of claims against nominal insurer           10

Division 3—Bad risk cross-subsidisation scheme                                       11

20.......... Establishment of scheme.................................................................. 11

21.......... Contributions to scheme................................................................... 11

22.......... Entitlements under scheme............................................................... 12

Part 5—Claims                                                                                                                         12

23.......... Entitlement to make claim................................................................ 12

24.......... Making of claim................................................................................ 13

25           Insurer against whom claim is to be made...................................... 13

26           Insurer's response to claim............................................................. 13

27.......... Conciliation of disputes.................................................................... 14

28.......... Proceedings in court......................................................................... 14

29.......... Insurer's rights of subrogation.......................................................... 14

Part 6—Administration                                                                                                       14

30.......... Commissioner responsible for general administration of Act........... 14

31.......... Powers of the Commissioner............................................................ 15

32.......... Supervisory powers—Commissioner may obtain information and material           15

33.......... Secrecy.............................................................................................. 16

34.......... Delegation......................................................................................... 18

35.......... Annual report................................................................................... 18

Part 7—Miscellaneous                                                                                                        18

36.......... Returns............................................................................................. 18

37.......... False or misleading information in claims......................................... 19

38.......... Application of the Criminal Code.................................................... 19

39.......... Regulations....................................................................................... 19



A Bill for an Act to provide for the establishment and administration of a scheme to guarantee the payment of wages and other accrued liabilities owed to employees in the event of employer insolvency, and for related purposes

The Parliament of Australia enacts: