Employer debt regulations finalised

Posted on Jan 27, 2012

Amendments to the Employer Debt Regulations have now come into force, introducing a new arrangement for managing employer debts called a flexible apportionment arrangement (FAA), and building in some additional flexibility to the "period of grace" provisions.

Despite industry lobbying, however, the new regulations are not particularly far reaching and do not "fix" the material issues with the employer debt regime.