Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 5.6.45

Employees' wages

             (1)   If the employees of a company make demands:

                     (a)  for wages or salaries (whether or not earned wholly or in part by way of commission), whether or not payable to the employees for annual leave or long service leave; or

                     (b)  for retrenchment payments;

one proof of debt or claim may be prepared and submitted on behalf of those employees.

             (2)   A proof of debt or claim prepared and submitted under subregulation (1):

                     (a)  must have annexed to it a schedule setting out the names of the employees and the amounts due to each of them; and

                     (b)  has the same effect as if separate proofs had been prepared and submitted by each of the employees named in the schedule.



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