Guarantee Fund (Amendment) Regulations, 2011

L.N. 445 of 2011

EMPLOYMENT AND INDUSTRIAL RELATIONS ACT

(CAP. 452)

Guarantee Fund (Amendment) Regulations, 2011

IN exercise of the powers conferred by articles 21 and 48

(2) of the Employment and Industrial Relations Act, the Prime

Minister has made the following regulations –

The title of these regulations is the Guarantee Fund

(Amendment) Regulations, 2011, and they shall be read and

construed as one with the Guarantee Fund Regulations, 2002,

hereinafter referred to as “the principal regulations”.

Regulation 6 of the principal regulations shall be

amended as follows:-

(a) in paragraph (a) of sub-regulation (2) thereof, for

the words “within one month” there shall be substituted the

words “within two months”;

(b) for paragraph (d) of sub-regulation (2) thereof,

there shall be substituted the following

“(d) the claim registered by every individual

employee refers to unpaid amounts which were due for

wages payable within six months preceding the date of

the onset of insolvency of the employer or preceding the

termination of employment

Provided that these unpaid amounts shall in no

case exceed a sum which is equivalent to thirteen

weeks’ national minimum wage payable at the time

of the termination of employment of such employee

as provided in the proviso to sub-regulation (1) of this

regulation; and”.

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