Under the Construction Industry Long Service Leave Act, employers of covered workers must provide information to CoINVEST (as the Trustee of the Long Service Leave Fund), and comply with CoINVEST Rules.
All employers active in the construction industry in Victoria must:
It is compulsory to register with CoINVEST as an employer, if you are someone (not including Government bodies) who:
- Employs workers under a contract of employment (which need not be formal or written);
- Being a principal contractor engages other employers or working subcontractors by contract, not being a contract of employment, or
- Being a working subcontractor employs a worker.
There are two categories of registration:
- Incorporated companies (“Proprietary Limited” or “Pty Ltd” in registered company name) can register here.
- Unincorporated businesses (a partnership or sole trader) can register here.
Your workers must be performing construction work which is covered by CoINVEST.
As a quick reference, you can visit the Trades Covered By The Scheme page to see if you or your business should be registered with us. For a more detailed breakdown of exactly what type of trades and duties fall under work covered under the scheme, you can download a copy of the CoINVEST Rules (Oct 2019).
If your query is not answered using those references, please feel free to contact us at email@example.com
In accordance with Construction Industry Long Service Leave Act 1997 and the CoINVEST Rules (Oct 2019), CoINVEST will legally pursue any entity which does not comply with its obligations under the law. Compliance measures fall into two categories:
Overdue Workers’ Days & Wages forms
Overdue contribution payments
The due date for each Workers’ Days & Wages form is listed here. If the WDW is not lodged by the due date then compliance measures will be implemented in accordance with the following time-frames:
- One week overdue: SMS & email reminders are sent to the employer to submit the WDW ASAP.
- Two weeks overdue: Solicitor’s warning letter will be posted.
- Three weeks overdue: Notice pursuant to Section 10 of the Construction Industry Long Service Leave Act is served on the company (by registered post), or, if a sole trader or partnership, served personally on the business owner.
Quarterly invoices are issued to employers relative to their WDW submissions with a payment period of 14 days from the date of invoicing. If payment is not made within the specified time-frame, or if a payment plan has not been set up with CoINVEST’s Debt Management consultants, then the debt will be sent to be collected externally via Probe Collections who will act on our behalf.