23. Section 45 of the Principal Act is amended—
(a) by inserting in paragraph (2) (b) “subject to subsection (2AA),” before “the employee”; and
(b) by inserting after subsection (2) the following subsections:
“(2AAA) The Board shall not remove the name of a registered employee or registered contractor from the Employees and Contractors Register if the employee or contractor ceases to perform building and construction work and has notified the Board that he or she is otherwise employed or engaged in work in the building and construction industry, until—
(a) either—
(i) the employee or contractor applies to the Board for payment of the total amount for or in lieu of long service leave; or
(ii) his or her employer makes an application under subsection 63 (4) for payment of the total amount to which the employer is entitled under subsection 63 (5);
(b) in the case of a working director or contractor—the working director or contractor requests the Board to remove his or her name from the Register; or
(c) the period of 10 years commencing on the date on which the employee or contractor ceased to perform building and construction work expires;
whichever first occurs.
“(2AA) A notification under paragraph (2AAA) (b) shall specify—
(a) the date on which the registered employee or registered contractor became otherwise employed or engaged in work in the building and construction industry; and
(b) the name and address of the principal place of business of his or her employer (if any), or if the employer is a body corporate, the address of its registered office.
“(2AB) An employee or contractor is entitled to apply for and be paid an amount in lieu of long service leave in respect of any period of service entered in the Register before the date on which his or her registration ceased if the employee or contractor would, but for his or her ceasing to be registered, have been entitled to payment in respect of that period under section 53.”.