Section 52:39-11 - Construction of act.

NJ Rev Stat § 52:39-11 (2019) (N/A)
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52:39-11 Construction of act.

11. Nothing in this act shall be construed as requiring a recipient corporation to reduce wage or benefit rates of any employee or be construed as permitting a recipient corporation:

a. To reduce wage or benefit rates established by a collective bargaining agreement or required by any law or regulation; or

b. To provide, in return for a development subsidy, jobs with lower wage or benefit rates, a smaller number of jobs, or jobs for a shorter period of time, than is required with respect to the development subsidy by any other law or regulation.

L.2007, c.200, s.11.