BREAKING: Staff sacked days before Christmas after the collapse of the administrative arm of SmartCity Vocational College could be owed about $2.6 million in annual leave and other entitlements.
That figure was disclosed to creditors at a recent meeting in Maroochydore.
Liquidator Paul Nogueira, of Worrells, now has the job of verifying that figure to ensure the almost-300 SC Admin Pty Ltd staff owed money are paid under the Federal Government’s Fair Entitlements Guarantee legislation.
Liquidators say SC Admin acted as trustee for the SC Administrative Trust and was responsible for employm…
Read the full article at: http://www.sunshinecoastdaily.com.au/news/collapsed-coast-company-could-owe-up-to-5-million/3133571/