Section 225: Effect on employees
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
225. Effect on employees
(1) The appointment of an administrator does not automatically terminate
an employment agreement to which the company is a party.
(2) The administrator is not personally liable for any obligation of the
company under an employment agreement to which the company is a party,
unless the administrator expressly adopts the agreement in writing, or subsection (3) applies.
(3) The administrator is personally liable for payment of wages or salary
that, during the administration of the company, accrue under a contract of
employment with the company that was entered into before the administrator’s appointment, unless the administrator has lawfully given notice of the
termination of the contract within 21 days of appointment.
(4) The Court may, on the administrator’s application, extend the period
of 21 days in subsection (3) within which notice of termination must be
given, and may extend it on terms that the Court thinks appropriate.