Redundancy Payments Act 1979

Amendment of section 15 of Act of 1971.

15

15.Section 15 of the Act of 1971, which relates to special redundancy schemes, is amended by the substitution of the following subsection for subsection (2):

“(2) For the purpose of providing moneys for making payments which under this Act are to be made out of a fund established under a special redundancy scheme, there shall be paid into that fund—

( a) as may be provided in that scheme, contributions by employers, and

( b) advances as provided for in subsections (3) and (4).”.