Training Guarantee (Suspension) Act 1994

2 Commencement

2. This Act commences on the day on which it receives the Royal Assent.

3 Charge not payable unless employer has training guarantee shortfall etc.

3. Section 13 of the Principal Act is amended by inserting before paragraph (2)(a) the following paragraph:

“(aa) section 15AA (Suspension of charge for 1994-95 and 1995-96);”.

4 Minimum training requirement

4. Section 15 of the Principal Act is amended:

(a) by inserting in paragraph (2)(b) “(other than a year referred to in paragraph (c))” after “year”;

(b) by adding at the end of subsection (2) the following word and paragraph:

“; and (c) for the year beginning on 1 July 1994 and the year beginning on 1 July 1995—0%.”.

5 Insertion of new section

5. After section 15 of the Principal Act the following section is inserted:

Suspension of charge for 1994-95 and 1995-96

“15AA. Training guarantee charge is not payable by an employer for the year beginning on 1 July 1994 or the year beginning on 1 July 1995.”.

1 NOTE

1. No. 60, 1990, as amended. For previous amendments, see Nos. 111 and 216, 1991; Nos. 79, 92, 118 and 210, 1992; and No. 57, 1994.

[Minister’s second reading speech made in—

Senate on 6 June 1994

House of Representatives on 28 June 1994]