Section 16, The Industrial Relations and Trade Union Act, 2024

(1) The Joint National Negotiating Board shall, where ithas fixed a minimum rate of pay, cancelled or varied such rate, give at least 60 days prior written notice to the Commissioner, of its decision, including a statement as to the date on which the minimum rate, cancellation or variation of the rate should come into operation. 18 19 Powers of Joint National Negotiating Board. Confirmation, cancellation or variation of minimum rate. No. 6 The Industrial Relations and Trade Union Act 2024 No. 6 The Industrial Relations and Trade Union Act 2024 (2) The Commissioner shall, on receipt of a written notice undersubsection (1), without delay, submit the notification, cancellation orvariation to the Minister who shall by statutory instrument make a national minimum rate of pay regulation for ratification by Parliament. (3) The submission by the Minister of the minimum rate regulation to Parliament for ratification under subsection (2) shall be subject to an appeal to the Minister by an aggrieved party to be lodged within 30 days of the receipt of such notification from the Commissioner. (4) A minimum rate, or the cancellation or variation of such rate, shall, in the absence of an appeal or if such appeal has been disallowed by the Minister and subject to Parliament approval become effective as from the date specified by the regulation. (5) The national minimum rate of pay fixed by regulation under subsection (4) shall remain in operation for a period of 2 years from the date approved by parliament. (6) An employer who pays wages to an employee below the national minimum wage shall be liable to a fine not less than 20 months national minimum wage.