How long is the liability for unpaid employee wages under the BCA?

Under the Business Corporations Act (BCA), the liability for unpaid employee wages is typically limited to a specific timeframe, which is two months. This timeline is designed to balance the interests of employees in receiving their owed wages with the operational realities of businesses. Within this two-month period, employees have the right to claim any unpaid wages, which can include salaries, bonuses, and other forms of compensation.

Understanding this timeframe is crucial for both employees and employers. For employees, it emphasizes the importance of promptly addressing any unpaid wages to ensure their claims fall within the allowable period. For employers, it highlights the need to maintain accurate records of wages and to address any discrepancies in a timely manner.

The other durations mentioned do not align with the current provisions of the BCA regarding unpaid wages. Therefore, recognizing that the correct answer pertains specifically to the two-month liability period helps clarify the legal expectations set forth under the BCA regarding employee compensation.