Tasmanian Consolidated Acts
(1) Unless prescribed otherwise in an Act, award or agreement or determined otherwise by the Commission, an employee with more than one years employment with an employer must be given not less than 4 weeks notice of the employers intention to terminate the employees employment on account of redundancy or 4 weeks pay in lieu of such notice.
(2) Unless prescribed otherwise in an Act, award or agreement or determined otherwise by the Commission, if an employees employment is terminated on account of redundancy, the employee is entitled to a redundancy severance payment calculated on the basis of 2 weeks wages for each completed year of employment with the employer, up to a maximum of 12 weeks.