N.J. Admin. Code § 12:64-4.3

Current through Register Vol. 56, No. 21, November 4, 2024

Section 12:64-4.3 - Administrative fees

(a) The Commissioner may supervise the payment of amounts due to workers under the Act, and the contractor may be required to make these payments to the Commissioner to be held in a special account in trust for the worker, and paid on order of the Commissioner directly to the worker or workers affected.

(b) The contractor shall pay the Commissioner an administrative fee on all payments due to workers pursuant to 34:11-56.6 5.

(c) A schedule of the administrative fees is set forth in Table 4.3(c) below:

Table 4.3(c)

Schedule of Administrative Fees

1. First violation -- 10 percent of the amount of any payment made to the Commissioner pursuant to the Act.

2. Second violation -- 18 percent of the amount of any payment made to the Commissioner pursuant to the Act.

3. Third and subsequent violations -- 25 percent of the amount of any payment made to the Commissioner pursuant to the Act.

N.J. Admin. Code § 12:64-4.3