Member Article

EC (Protection of Employees (Employers’ Insolvency)) Regulations 2005, SI No. 630 of 2005 The Protection of Employees (Employers’ Insolvency )Act 1984 established rights to certain payments for employees of insolvent companies. New Regulations from the Minister for Enterprise, Trade and Employment provide additional protections to employees of insolvent companies, amending and updating the 1984 Act. The Regulations provide for the following: an employee’s right to certain payments if the company, which employs workers in Ireland, has become insolvent under the laws of another EU Member State; and an employee’s right to certain payments from the State, if their debt falls under the provisions of the employment statutes specified in the regulations. The new Regulations came into effect on 8 October 2005. A copy of the Regulations can be accessed at: http://www.entemp.ie/publications/sis/2005/si630.pdf.