Redundancy benefits may be payable to an employee in any of the following instances:

1. Where the number of employees is more than the available jobs, and the employer has agreed to the payment with the employees’ trade union.
2. The employer has ceased or intends to cease to carry on the business for which the employee was employed.
3. The employer has ceased, or intends to cease, to carry on the business in the place where the employee was employed.
4. If there is provision for redundancy payment to employees in the conditions of service and the prescribed conditions are satisfied​