Commonwealth Consolidated Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

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.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback