Objects of this Act
3 Objects of this Act
The main objects of this Act are:
to provide for the Commonwealth to pay advances on account of unpaid employment entitlements of former employees of employers in cases where:
the employers are insolvent or bankrupt; and
the end of the employment of the former employees was connected with that insolvency or bankruptcy; and
the former employees cannot get payment of the entitlements from other sources; and
to allow the Commonwealth to recover the advances through the winding up or bankruptcy of the employers and from other payments the former employees receive for the entitlements.
This Act’s bill:Explanatory memorandumSecond reading speech
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