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Schedule 1

Modification of Act—redundancy or redeployment

In force

Schedule 1 Modification of Act—redundancy or redeployment

(regulation 5.12)

1.1 Schedule 4 to the Act, after subitem 5(4)

insert

(5)

In this item:

an entitlement to redundancy pay includes an entitlement for an employee to enter into a retention or redeployment period.

retention or redeployment period means a period of employment (however described) performed by an employee for an employer as an alternative to:

(a)

the employment of the employee being terminated immediately due to redundancy; and

(b)

the employee receiving redundancy pay from the employee’s employer.

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