Document ID: chunk:federal_register_of_legislation:C2024C00635:section:7
Version: federal_register_of_legislation:C2024C00635
Segment Type: section
Provision Reference: s 7
Character Range: 14216–15251

7  Functions of Corporation
  The functions of the Corporation are:
 (a) to establish and maintain the Fund; and
 (b) to make payments into and out of the Fund, and invest the Fund, in accordance with this Act and the Payroll Levy Collection Act; and
 (c) to advise the Minister as to the rates of payroll levy that should be imposed on employers; and
 (d) to monitor payments of the payroll levy and keep the Minister informed of any failure by an employer to pay the payroll levy; and
 (da) to maintain records relating to:
 (i) the employment of eligible employees; and
 (ii) the qualifying service completed by, and the long service leave entitlements of, eligible employees; and
 (iii) employers of eligible employees; and
 (iv) amounts that are, or may become, payable to employers under Part 7; and
 (e) to advise the Minister generally on the operation of this Act, the Payroll Levy Act and the Payroll Levy Collection Act; and
 (f) such other functions as are conferred on the Corporation by the Payroll Levy Collection Act.