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Penalties for violators of national minimum wage to rise under new proposed bill

One of Cyprus’ largest reforms was implemented from January this year with the national minimum wage now in force. But authorities are now warning that penalties for violators will certainly rise.

In fact, a relevant bill that has been drafted and is already before Parliament provides that “the penalties for violation of the National Minimum Wage Decree are effective, act as a deterrent and are the correct ones at the circumstances of the time”.

The bill effectively modernises the legislation on the basis of which the National Minimum Wage decree was adopted, as the penalties currently provided are still set in Cyprus pounds.

Under the proposed amendments, the penalties are not only converted into euros but also increased to become more dissuasive.

These are the penalties that can be imposed after conviction, since the Ministry of Labour’s Inspection Service can also impose extrajudicial fines for breaches of the decree.

Specifically, the purpose of the bill which is to be discussed before the House Labour Committee in the near future is to amend the Minimum Wage Threshold Law to replace the prescribed penalties and convert them from pounds to euros.

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