I will now outline in detail the main provisions of the Bill, which are as follows. Section 1 is a standard provision, which provides for the Short Title of the Act and the collective citation of the Act with other relevant Acts and the standard commencement provisions. Section 2 provides definitions of terms used in the Act. Section 3 provides that the social insurance fund may cover the administration costs of the redundancy and insolvency schemes. Section 4 provides for the amendment of section 2(1) of the principal Act by inserting up to date definitions of "contract of employment", "employee" and "employer". These definitions are similar to those given in the Protection of Employees (Part-time Work) Act 2001 and other labour legislation such as the Organisation of Working Time Act 1997 and the Carer's Leave Act 2001.