Maximum Deposit Order increases to £1,000Sunday, February 5th, 2012
The Department of Business, Innovation and Skills has laid The Employment Tribunals (Increase of Maximum Deposit) Order 2012 before parliament.
This Order gives authority for Regulations to be made authorising employment tribunals to order the payment of a deposit of up to £1,000 if a party wishes to continue to participate in proceedings. The amendment contained in this Order substitutes the maximum sum of the deposit that may be specified in such regulations, replacing £500 with £1,000.
We do not yet know when Regulations will be made.
Thank you to Katherine Willerton at the Department of Business, Innovation and Skills pointing out that our last bulletin was incorrect in stating that the Regulations had already been made.