Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 7) 2020 (F2020L01021)

Schedule 1   Amendments

Coronavirus Economic Response Package (Payments and Benefits) Rules 2020

12   After subsection 9(3)

Insert:

When an individual can re-nominate with a new employer

(3A) An individual who does not satisfy the requirement in subparagraph 9(3)(c)(i) is permitted by this subsection to give a nomination notice to an entity (the new entity ) if:

(a) the individual is a 1 March 2020 employee of, or the eligible business participant for, another entity (the old entity ); but

(b) the individual was not employed by the old entity or was not actively engaged in the business carried on by the old entity (as the case requires) at any time from the start of 1 July 2020 to the time of giving the notice to the new entity.

(3B) If the individual gives the nomination notice to the new entity, the individual is excluded from being an eligible employee of, or the eligible business participant for, the old entity for any fortnight ending after giving the notice to the new entity.