Part III Education in Inner London
Functions of London Residuary Body
178 Liability of London Residuary Body for redundancy and compensation payments.
F11
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F12
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3
Any person who—
a
immediately before the abolition date is in the service of ILEA under a contract of employment made on or before 17th February 1988 which is a contract for a fixed term extending beyond the abolition date; and
b
is not designated for the purposes of section 172 of this Act;
shall, if the contract made no provision for its prior termination by ILEA, be entitled to receive from the London Residuary Body an amount equal to any damages which he would have been entitled to recover from ILEA if ILEA had not been abolished but had dismissed him immediately before the abolition date.
4
Any person who—
a
immediately before the abolition date is in the service of ILEA under a contract of employment (whether or not for a fixed term) providing for its termination by ILEA on payment of compensation for loss of employment; and
b
is not designated for the purposes of section 172 of this Act;
shall be entitled to receive from the London Residuary Body an amount equal to the compensation which he would have been entitled to receive from ILEA if ILEA had not been abolished but had terminated the contract immediately before that date.
5
In subsection (4) above “compensation for loss of employment” does not include any payment to be made under the contract in lieu of notice.
6
Where the amount of compensation payable under a contract differs according to the reasons for its termination the amount payable under subsection (4) above shall be determined on the assumption that the contract was terminated by reason of redundancy within the meaning of the M1Employment Protection (Consolidation) Act 1978.