Wage Subsidy definition
Examples of Wage Subsidy in a sentence
The Provider may pay a Wage Subsidy to an Employer with respect to a Participant (other than a Work Assist Participant), where the Participant is eligible for the Wage Subsidy, in accordance with any Guidelines.
The Provider must not pay a Wage Subsidy to the Provider’s Own Organisation or a Related Entity, unless where specified in any Guidelines.
The Department will Reimburse the Wage Subsidy to the Provider in accordance with, and subject to, the requirements for payment under the Guidelines.
Without limiting any other rights which the Department might have, the Department will monitor: in relation to a Wage Subsidy, the Provider’s payment and claims for Reimbursement of amounts paid; and in relation to the Employment Assistance Fund, the Provider’s claims for Reimbursement of Approved Assistance Amounts, in accordance with this Agreement and any Guidelines.
The Wage Subsidy Head Agreement states that Employers must retain payslips/payroll summaries to support their declaration.
The Provider must, in relation to a Transferred Wage Subsidy Participant referred to in clause 101.5: immediately contact the Transferred Wage Subsidy Participant’s Employer and use the Provider’s best endeavours to enter into an agreement with the Employer: in relation to the relevant Wage Subsidy; for the period advised by the Department; and in accordance with any Guidelines; and comply with clauses 101.1 to 101.3, and any direction by the Department, with regard to the relevant Wage Subsidy.
If the Department determines that the Provider has obtained a Reimbursement from the Employment Assistance Fund, for a Wage Subsidy or any type of reimbursement of an amount that it is not entitled to, that amount is a debt for the purpose of this clause 26.
If the Department directs the Provider to provide Services to a Transferred Wage Subsidy Participant, the Provider must do so in accordance with clause 101.6, notwithstanding that the Transferred Wage Subsidy Participant may have been Exited.
If the Provider pays a Wage Subsidy in accordance with clause 101.1, the Provider must: ensure that the payment is in accordance with any Guidelines, including any limitations on payments; arrange for payment, from its own funds, of the Wage Subsidy to the Employer for that Participant; and submit a claim for Reimbursement of the Wage Subsidy through the Department’s IT Systems.
Each Restart Wage Subsidy Agreement consists of the terms and conditions of the Head Agreement and the relevant terms relating to the Restart Wage Subsidy Placement, Restart Wage Subsidy Participant, and the Restart Wage Subsidy Period set out in the relevant Schedule.