Parliament on Thursday passed a law raising the maximum court-imposed fine on employers for failing to pay employees’ salaries.
The text of the legislation was also amended so to as express the fines in euro, as until now the text cited Cyprus pounds.
The maximum fine for non-payment of a salary is now €5,000, Before the change, the maximum fine had been 100 Cyprus pounds, or about €170.
Another amendment concerned converting from Cyprus pounds to euro, the fine slapped on an employer for not keeping a payroll register relating to staff to whom the minimum income decree applies.
And under another change, the maximum fine on an employer for obstructing the work of a labour inspector is raised to €5,000 from 25 Cyprus pounds previously.
The new fine for providing false data to a labour inspector is raised to €5,000 from 150 Cyprus pounds previously.
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