Page 889 - Week 03 - Thursday, 14 April 1994

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THE BILL WILL THEREFORE PROVIDE A SCHEME ENABLING WORKERS ENGAGED IN BUILDING AND CONSTRUCTION WORK TO QUALIFY FOR EXEMPTION FROM THE COMMONWEALTH TRAINING GUARANTEE LEVY. THIS WILL ENSURE THAT ACT EMPLOYERS ARE NOT DISADVANTAGED WHEN COMPARED TO THEIR COUNTERPARTS INTERSTATE. FURTHERMORE, A COMPLEMENTARY BILL WILL REDUCE EMPLOYER OBLIGATIONS UNDER THE LONG SERVICE LEAVE (BUILDING AND \ CONSTRUCTION INDUSTRY) ACT.

THE TRIPARTITE CONSTRUCTION INDUSTRY TRAINING LEVY

BOARD WHICH WILL BE SET UP UNDER THE BILL WILL HAVE AN

INDEPENDENT CHAIRPERSON, WITH EMPLOYEE, EMPLOYER AND

GOVERNMENT REPRESENTATIVES APPOINTED BY THE

APPROPRIATE MINISTER. THE BOARD WILL BE RESPONSIBLE FOR

APPROVAL OF ALL PROPOSALS FOR FUNDING FROM LEVY FUNDS.

THE BOARD WILL APPROVE EXPENDITURE OF LEVY MONEY

SUBJECT TO THAT EXPENDITURE BEING CONSISTENT WITH THE

PRIORITIES SET BY THE ANNUAL FUNDING FRAMEWORK. THE

BOARD WILL ALSO BE EMPOWERED TO ENTER INTO CONTRACTS

TO SUPPORT ITS FUNCTIONS SUBJECT TO THE PRIOR APPROVAL

OF THE MINISTER -

ALL LEVY AMOUNTS RECEIVED WILL BE PAID INTO A SPECIAL ACCOUNT MAINTAINED BY THE BOARD. IN THE FIRST INSTANCE THIS WILL BE MY DEPARTMENT. PAYMENTS WILL BE MADE FROM THE ACCOUNT ONLY ON THE RECOMMENDATION OF THE BOARD. NORMAL GOVERNMENTAL FINANCIAL CONTROL AND AUDITING STANDARDS WILL BE APPLIED TO THE OPERATION OF THE ACCOUNT. THE ACT WILL ALSO PROVIDE FOR. MONEY- NOT REQUIRED FOR IMMEDIATE USE TO BE INVESTED SO THAT TRAINING FUNDS CAN BE MAXIMISED. THIS WILL BE THE RESPONSIBILITY OF THE TREASURY.

MADAM SPEAKER, THE IMPOSITION OF THE LEVY AS OUTLINED APPLIES TO ALL EMPLOYERS IN THE SAME WAY.

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