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Redundancy Payments

Volume 888: debated on Wednesday 19 March 1975

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asked the Secretary of State for Employment how many payments have been made under the Redundancy Payments Act during the three years 1972, 1973 and 1974; and what are the total amounts of the payments in each such case.

The following information relates to employees in respect of whom payments were made from the Redundancy Fund during the years 172,1973 and 1974:

Calendar YearNumber of PersonsAmount
£
1972297,12097,513,000
1973176,91966,573,000
1974182,16173,560,000

asked the Secretary of State for Employment whether he is satisfied with the operation of the Redundancy Payments Act; and whether he has any plans to amend the Act to ensure that its provisions are not abused.

In general the operation of the Act is satisfactory. However, my right hon. Friend intends to make some minor changes to the Act through provisions to be included in the forthcoming Employment Protection Bill.