SCHEDULES

SCHEDULE 7 Calculation of Payments to Employees out of Redundancy Fund

1

(1)

Where the employer’s payment is a redundancy payment, the sum referred to in section 106(2) is a sum equal to the amount of that payment.

(2)

Where, in a case falling within F1section 106(1B), the employer’s payment is part of a redundancy payment, the sum referred to in section 106(2) is a sum equal to the amount of that part of the payment.