15. Amendment of section 29 of Redundancy Payments Act 1967.
(1) Section 29 of the Redundancy Payments Act 1967 (amended by section 6 of the Redundancy Payments Act 1979) is amended -
(a) in subsection (1), by substituting "15 per cent" for "60 per cent",
(b) in subsection (2), by substituting "5 per cent" for "40 per cent", and
(c) by inserting the following subsections after subsection (3):
"(4) Where an employer makes a claim for a rebate on or after 1 January 2012 in respect of a lump sum payment paid to an employee under section 19 and the date of dismissal by reason of redundancy, referred to in section 19, occurs before 1 January 2012 -
(a) subsection (1) shall be read as if '60 per cent' were substituted for '15 per cent', and
(b) subsection (2) shall be read as if '40 per cent' were substituted for '5 per cent'.
(5) Where an employer makes a claim for a rebate on or after 1 January 2012 in respect of a lump sum payment paid to an employee under section 19 in respect of an employee to whom section 12 applies and -
(a) the date of the notice of intention to claim, referred to in section 12(1) (b), or