The 1967 legislation established a framework compensating employees who lose their jobs due to redundancy. It safeguards workers by mandating severance payments based on tenure and statutory qualifications, ensuring financial support during unemployment. The Act underscores the state's commitment to protecting labour rights amidst industrial and economic changes. Over the years, it has seen amendments to reflect shifts in employment conditions and wage standards. Key developments include mechanisms for appeals and adjustments in qualifying criteria, reflecting an evolving labour market and reinforcing the social safety net for redundant employees.
LexisNexis traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.
TAKE A FREE TRIALThe 1967 legislation established a framework compensating employees who lose their jobs due to redundancy. It safeguards workers by mandating severance payments based on tenure and statutory qualifications, ensuring financial support during unemployment. The Act underscores the state's commitment to protecting labour rights amidst industrial and economic changes. Over the years, it has seen amendments to reflect shifts in employment conditions and wage standards. Key developments include mechanisms for appeals and adjustments in qualifying criteria, reflecting an evolving labour market and reinforcing the social safety net for redundant employees.
LexisNexis traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.
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