§
Amendments made: In Schedule 4, page 45, line 5, leave out from "payment" to first "the" in line 6 and insert:
calculated in accordance with paragraphs 1, 2 and 4 of Schedule 1 to this Act, is reduced by virtue of paragraph 4A of that Schedule".
§ In line 7, at end insert "as so reduced".
§
In line 29, leave out "the redundancy payment" and insert:
a redundancy payment or part of a redundancy payment.—[Mr. Thornton.]
§ Mr. ThorntonI beg to move Amendment No. 97, in Schedule 4, page 46, line 37, to leave out from "amount" to "calculated" in line 41.
It may also be convenient with this to take the Amendment in page 47, line 8.
The purpose of these Amendments is to alter the formula for calculating rebate to employers who make payments to redundant workers under an exempt scheme, by which I mean a scheme for 1794 alternative arrangements for redundancy payments which has been agreed with the unions and which has formed the basis for an exemption order under Clause 11.
§ Amendment agreed to.
§
Further Amendments made: In Schedule 4, page 47, line 7, leave out "sub-paragraph (b)" and insert:
sub-paragraphs (1) (b) and (2)".
In line 8, at end insert:
12. Where the amount of the agreed payment is less than the amount of the relevant redundancy payment—
§
In line 9, after "payment", insert:
calculated in accordance with paragraphs 1, 2 and 4 of Schedule 1 to this Act".
§
In line 10, leave out from "been" to first "the" in line 11 and insert:
reduced by virtue of paragraph 4A of that Schedule".
§ In line 13, at end insert "as so reduced"—[Mr. Thornton.]