Amendment Of The Labour Market Policy Financing Act

Original Language Title: Änderung des Arbeitsmarktpolitik-Finanzierungsgesetzes

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75. Federal Law, which changes the Labour Market Policy Finance Act

The National Council has decided:

Labour Market Policy-Finance Law, BGBl. No. 315/1994, as last amended by the Federal Law BGBl. I No 35/2012, shall be amended as follows:

(1) The following paragraph 47 is added to § 10:

" (47) § 13 in the version of the Federal Law BGBl. I N ° 75/2012 will enter into force on 1 July 2012. "

2. § 13 reads:

" § 13. In the years 2011 to 2014, expenditure on activation aid pursuant to Section 37d of the AMSG and expenditure on short-time work pursuant to Section 37b of the AMSG and aid for short-time work with qualification pursuant to Section 37c of the AMSG are to be treated as expenses according to the AlVG. The coverage of activation aid is subject to a ceiling of € 76 million in 2012. € 56 million in each of the remaining years. €. "