KBL Mining Limited

The Company entered Liquidation on 22 June 2018. As such, eligible employees may now commence the process to lodge a claim through the Fair Entitlements Guarantee Scheme (the FEG) where employees may register their claims with the FEG through its online portal. Full information relating to FEG eligibility and how to apply is available online here: https://extranet.employment.gov.au/feg.

The Liquidators have been in regular communication with the Receivers and Managers during our concurrent appointments and we have obtained relevant information from the Receivers and Managers relating to employee entitlements in order to assist the FEG with its claims process. FEG will usually rely on information provided by the Liquidators in the first instance, in relation to the quantum of employee claims as calculated from the books and records of the Company. However, the FEG may request further information or supporting documentation from you directly.

On 19 September 2018 we posted and emailed all employees on record our understanding of their entitlements in accordance with the books and records of the Company, employee contracts, and information provided by the Receivers and Managers. Employees should note that where their employment initially commenced on a casual basis and was subsequently transferred to a permanent basis, entitlements will accrue from the date of commencement as a permanent employee.

Entitlements have been calculated with reference to Fair Work entitlements (available here: www.fairwork.gov.au/how-we-will-help/templates-and-guides/fact-sheets/minimum-workplace-entitlements/notice-of-termination-and-redundancy-pay). In some circumstances, additional entitlements were provided by way of employment contract. Where entitlements were amended by way of contract, this has been taken into account. If you are an employee and have not received your email or letter, please email us at kbl@kpmg.com.au to request a copy.

Employees should now submit their pre-appointment (pre-8 September 2016) entitlement claims to the FEG for review and consideration. We encourage employees to commence the registration process as soon as practicable to ensure they are aware of all requirements and documentation that may be required during this process. Claims must be lodged within 12 months of the date of Liquidation, being 22 June 2018.

Upon review of requirements of the FEG process, should employees require information pertaining to their entitlements they may request that information from us by emailing kbl@kpmg.com.au or calling +61 2 9295 3877. Any information provided to employees regarding their entitlements is based on KBL’s records and calculations with reference to relevant legislation, and is subject to the review of FEG who will determine the final entitlement owing.