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This is a Bill, not an Act. For current law, see the Acts databases.
1998-99
The Parliament of
the
Commonwealth of
Australia
HOUSE OF
REPRESENTATIVES
Presented and read a first
time
Coal Mining
Legislation Amendment (Oakdale Collieries) Bill
1999
No. ,
1999
(Employment, Workplace Relations and Small
Business)
A Bill for an Act to amend
legislation relating to coal mining, and for related
purposes
ISBN: 0642 408009
Contents
Coal Mining Industry (Long Service Leave Funding) Act
1992 3
Coal Mining Industry (Long Service Leave) Payroll Levy Act
1992 4
A Bill for an Act to amend legislation relating to coal
mining, and for related purposes
The Parliament of Australia enacts:
This Act may be cited as the Coal Mining Legislation Amendment
(Oakdale Collieries) Act 1999.
This Act commences on the day on which it receives the Royal
Assent.
Each Act that is specified in a Schedule to this Act is amended or
repealed as set out in the applicable items in the Schedule concerned, and any
other item in a Schedule to this Act has effect according to its
terms.
Coal
Mining Industry (Long Service Leave Funding) Act 1992
1 Title
Omit “related”, substitute
“other”.
2 Section 3
Before “object”, insert “main”.
3 After section 48
Insert:
(1) Each former Oakdale employee is entitled to be paid, out of the Fund,
an amount equal to the employee’s termination entitlement, reduced
by:
(a) any amount that the employee has received from Oakdale in respect of
the employee’s termination entitlement; and
(b) any amount that the employee has received as a beneficiary of the
Trust.
(2) Payment is not to be made to an employee unless the employee has
entered into a written agreement with the Corporation:
(a) assigning to the Corporation the employee’s rights to be paid
any amount (by a person other than the Corporation) in respect of the
employee’s termination entitlement; and
(b) agreeing to pay to the Corporation:
(i) any amount that the employee later receives from Oakdale in respect of
the employee’s termination entitlement; and
(ii) any amount that the employee later receives as a beneficiary of the
Trust.
(3) Regulations may be made requiring the Corporation to give information
statements to employees in respect of payments under this section.
(4) In this section:
former Oakdale employee means a person whose employment by
Oakdale was terminated on or after 25 May 1999.
Oakdale means Oakdale Collieries Pty Limited (ACN 066 839
585).
termination entitlement means the amount owing by Oakdale to
the employee, immediately after the termination time, in respect of the
employee’s employment by Oakdale.
termination time means the time when the employee’s
employment by Oakdale was terminated.
Trust means the Oakdale Collieries Employee Entitlements
Trust that was established by a deed of trust made on 9 July 1999.
Coal
Mining Industry (Long Service Leave) Payroll Levy Act
1992
4 Section 7
Repeal the section.