Stevedoring Industry Finance Committee
SIFC
5 December 1977 – 1994
Statutory committee that took over the assets and liabilities of the Australian Stevedoring Industry Authority and administered the levy-funded entitlements of waterside workers, such as long service leave, attendance money and redundancy funding.
How it came into existence
Established on 5 December 1977 by the Stevedoring Industry Finance Committee Act 1977. When the Australian Stevedoring Industry Authority was wound up under the Stevedoring Industry Acts (Termination) Act 1977, its assets and liabilities were vested in the committee, while most of its other functions passed to the Association of Employers of Waterside Labour.
- Levy-funded waterside workers’ entitlements
- Assets and liabilities of the Authority
Legislation: Stevedoring Industry Finance Committee Act 1977
How it ended
Wound up after the Industrial Relations Legislation Amendment Act 1994 repealed much of the Stevedoring Industry Finance Committee Act 1977 and added a provision for the Act’s expiry. The date on which the committee finally ceased is uncertain.
Main functions
- Holding the assets and liabilities of the former Australian Stevedoring Industry Authority
- Funding of waterside workers’ long service leave, attendance money and other entitlements
- Administration of stevedoring industry levy funds
- Funding of waterside worker redundancies
Where it sits
Last in the portfolio of Department of Industrial Relations.
Lineage
Loading lineage…
Sources
Primary sources
Some dates or links for this organisation are uncertain. Corrections are welcome.