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Insolvency Act · s 50

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s 50Trade union representation on behalf of members who are creditors and employees of company

(1)

Where employees of a company are creditors, by reason that wages or salary are payable to them whether by way of allowance or reimbursement under contracts of employment or any award or agreement regulating conditions of employment or otherwise, and where the employees are members of a trade union that is recognised under the Trade Unions Act

(Chapter 128), it shall be sufficient compliance by the judicial manager with sections 42, 44 and 45 if the notice, statement of proposals or revised

Insolvency proposals referred to therein are sent to the trade union representing the employees.

(2)

A trade union to which subsection (1) applies shall be entitled to represent any such employees at a meeting of the company’s creditors summoned under section 44 or, with leave of the Court, to apply to the Court under section 49 on their behalf or may make representations to the judicial manager on behalf of those employees in respect of —

(a)

any matter connected with or arising from the continuation or termination of their contracts of employment under section 40; or

(b)

any matter relating to any arbitration award or any collective agreement certified under the Trade Unions Act (Chapter 128) that affects those employees.