(1) Section 201 of the Principal Act is amended by inserting the following subsection after subsection (1) -
"(1A)
(a) In this subsection -
'eligible employee' means an employee, being a person who is being made redundant, who, in relation to a full-time employment, has completed at least 2 years continuous service in that employment or is, for the purposes of the law relating to redundancy, deemed to have at least 2 years continuous service;
'retraining' means a training course, made available by an employer as part of a redundancy package, that is -
(i) designed to impart or improve skills or knowledge relevant to, or intended to be used in, obtaining gainful employment or in the setting up of a business,
(ii) primarily devoted to the teaching or practical application of such skills or knowledge, and
(iii) completed within 6 months of the termination of employment;
'redundancy package', in relation to an eligible employee, means any scheme of compensation offered to the employee on
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