Transferable instrument | Practical Law

Transferable instrument | Practical Law

Transferable instrument

Transferable instrument

Practical Law ANZ Glossary w-010-9163 (Approx. 3 pages)

Glossary

Transferable instrument

This resource has been archived following reforms introduced by the Fair Work Legislation Amendment (Secure Jobs, Better Pay) Act 2022 (Cth). For information on these reforms, as well as new and updated content, click here.
An industrial instrument that may transfer from an old employer to a new employer when there is a transfer of business.
Transferable instruments under the Fair Work Act 2009 (Cth) (FW Act) include:
Modern awards that are not named employer awards are not transferable instruments.
A transferable instrument includes any individual flexibility arrangement that operates as a term of a transferable instrument.