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Name: Protection of Employees (Employers' Insolvency) (Variation of Limit) Regulations 2004 (S.I. No. 696 of 2004).
Country: Ireland
Subject(s): Employment security, termination of employment
Type of legislation: Regulation, Decree, Ordinance
Adopted on: 2004-11-04
Entry into force:
ISN: IRL-2004-R-98328
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=98328&p_lang=en
Bibliography: Legislation on-line Legislation on-line Irish Statute Book, Ireland PDF PDF (consulted on 2015-02-26)
Abstract/Citation: These Regulations increase the maximum amount of weekly pay which may be used for the purposes of calculating employee entitlements under the Protection of Employees (Employers¿ Insolvency) Act 1984 from €507.90 to €600.00. The increased limit will apply to entitlements arising under the Act where the relevant date is on or after 1st January 2005. (The relevant date is normally the date of insolvency of the employer. However, in certain circumstances the employee has the option of nominating either the date of insolvency or the date of termination of employment, whichever date is the more favourable.)
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