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Employee Protection (Wage Guarantee) Bill 1998

1996-97-98

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

Presented and read a first time

 

 

 

 

 

 

Employee Protection (Wage Guarantee) Bill 1998

 

No.    , 1998

 

(Mrs Crosio)

 

 

 

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

   

   

   



Contents

Part 1—Preliminary

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

                   2                     Commencement.................................................................................. 2

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

                   4                     Non-application ofthis Act to employment by government or

                                         local government agencies ................................................................. 2

                   5                     Extension to Territories..................................................................... 3

Part 2—Interpretation

                   6                     Interpretation..................................................................................... 4

                   7                     Insolvency.......................................................................................... 6

Part 3—Wage protection insurance

Division 1—Policy of wage protection insurance

                   8                     Nature of policy of wage protection insurance.................................. 7

                   9                     Extent of employee's protection........................................................ 7

Division 2—Obligation to hold insurance

                   10                   Obligation to hold wage protection insurance.................................... 8

                   11                   Exempt employers............................................................................. 8

Division 3—Information about insurance

                   12                   Employer to give information to employees about wage

                                         protection insurance........................................................................... 9

                   13                   Requests for information................................................................... 9

                   14                   Insurer to notify policy of wage protection insurance...................... 9

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

Part 4—Approved insurers

Division 1—Approved insurer agreement

                   16                   Meaning of approved insurer.......................................................... 11

                   17                   Withdrawal from scheme................................................................. 11

Division 2—The nominal insurer scheme

                   18                   The Commissioner to be nominal insurer ....................................... 13

                   19                   Approved insurers to contribute to costs of claims against

                                         nominal insurer................................................................................. 13

Division 3—Bad risk cross-subsidisation scheme

                   20                   Establishment of scheme.................................................................. 14

                   21                   Contributions to scheme.................................................................. 14

                   22                   Entitlements under scheme.............................................................. 15

Part 5—Claims

                   23                   Entitlement to make claim................................................................ 16

                   24                   Making of claim............................................................................... 16

                   25                   Insurer against whom claim is to be made........................................ 17

                   26                   Insurer's response to claim............................................................... 17

                   27                   Conciliation of disputes................................................................... 18

                   28                   Proceedings in court......................................................................... 18

                   29                   Insurer's rights of subrogation.......................................................... 18

Part 6—Administration

                   30                   Commissioner responsible for general administration of Act.......... 19

                   31                   Powers of the Commissioner........................................................... 19

                   32                   Supervisory powers—Commissioner may obtain

                                         information and material.................................................................. 19

                   33                   Secrecy............................................................................................. 20

                   34                   Delegation........................................................................................ 22

                   35                   Annual report................................................................................... 22

Part 7—Miscellaneous

                   36                   Returns............................................................................................. 23

                   37                   False or misleading information in claims........................................ 23

                   38                   Application of the Criminal Code................................................... 24

                   39                   Regulations....................................................................................... 24

 

 



 

 

 

 

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

The Parliament of Australia enacts: