12. Time-limit on claims for redundancy payment
(1) Section 24 of the Principal Act is hereby amended by the insertion at the end of that section of the following subsection:
"(2) Notwithstanding any provision of this Act, an employee shall not be entitled to a weekly payment unless he has become entitled to a lump sum".
(2) In respect of a dismissal or a termination of employment which occurs not earlier than 30 weeks before the commencement of this section, section 24 of the Principal Act shall apply as if -
(a) "52 weeks" were substituted for "thirty weeks", and
(b) the following subsection were inserted after subsection (2) (inserted by this section):
"(2A) Where an employee who fails to make a claim for a lump sum within the period of 52 weeks mentioned in subsection (1) (as amended) makes such a claim before the end of the period of 104 weeks beginning on the date of dismissal or the date of termination of employment, the Tribunal, if it is satisfied that the employee would have been entitled to the lump sum and that the failure was due to a reasonable cause, may declare the employee to be entitled to the lump sum and the employee shall thereupon become so entitled."