170.—(1) An employer shall pay a redundancy payment to any employee of his if the employee—
(a)is dismissed by the employer by reason of redundancy, or
(b)is eligible for a redundancy payment by reason of being laid off or kept on short-time.
(2) Paragraph (1) has effect subject to the following provisions of this Part (including, in particular, Articles 175 to 179, 184 to 187, 190 to 196 and 199).