Common use of CONSTRUCTION INCOME PROTECTION (CIP Clause in Contracts

CONSTRUCTION INCOME PROTECTION (CIP. 11.1 The employer will contribute to CIP a premium of $13.00 per week for each employee (including GST). An employer’s liability is limited to meeting the contributions required by this clause regardless of any circumstances or other obligations. CIP means Construction Income Protection Ltd, ACN 110 841 962. Contributions are subject to there being no FBT liability for the company.

Appears in 2 contracts

Samples: Workplace Agreement, Workplace Agreement

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CONSTRUCTION INCOME PROTECTION (CIP. 11.1 The employer will contribute to CIP a premium of $13.00 per week for each nominated employee (including GST). An employer’s liability is limited to meeting the contributions required by this clause regardless of any circumstances or other obligations. CIP means Construction Income Protection Ltd, ACN 110 841 962110841962. Contributions are subject to there being no FBT liability for the company.

Appears in 1 contract

Samples: Employer Greenfields Agreement

CONSTRUCTION INCOME PROTECTION (CIP. 11.1 15.1 The employer will contribute to CIP a premium of $13.00 per week for each nominated employee (including GST). An employer’s liability is limited to meeting the contributions required by this clause regardless of any circumstances or other obligations. CIP means Construction Income Protection Ltd, ACN 110 841 962. Contributions are subject to there being no FBT liability for the company. If the employer resigns from CIP in accordance with the fund requirements, then all obligations for payment into the fund will cease and the employer will not be in breach of the workplace agreement.

Appears in 1 contract

Samples: Collective Agreement

CONSTRUCTION INCOME PROTECTION (CIP. 11.1 14.1 The employer will contribute to CIP a premium of $13.00 15.00 per week for each nominated employee (including GST). An employer’s liability is limited to meeting the contributions required by this clause regardless of any circumstances or other obligations. CIP means Construction Income Protection Ltd, ACN 110 841 962. Contributions are subject to there being no FBT liability for the company. If the employer resigns from CIP in accordance with the fund requirements, then all obligations for payment into the fund will cease and the employer will not be in breach of the workplace agreement.

Appears in 1 contract

Samples: Collective Agreement

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CONSTRUCTION INCOME PROTECTION (CIP. 11.1 The employer will contribute to CIP a premium of $13.00 per week for each employee (including GST). An employer’s liability is limited to meeting the contributions required by this clause regardless of any circumstances or other obligations. CIP means Construction Income Protection Ltd, ACN 110 841 962110841962. Contributions are subject to there being no FBT liability for the company...

Appears in 1 contract

Samples: Employee Collective Agreement

CONSTRUCTION INCOME PROTECTION (CIP. 11.1 The employer will contribute to CIP a premium of $13.00 per week for each employee (including GST). An employer’s liability is limited to meeting the contributions required by this clause regardless of any circumstances or other obligations. CIP means Construction Income Protection Ltd, (ACN 110 841 962110841962). Contributions are subject to there being no FBT liability for the company.

Appears in 1 contract

Samples: Workplace Agreement

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