New Chapter of Business
On 13 April 2011 the Federal Court handed down an important decision for our business. ONCALL had been challenging an earlier ruling in the favour of the Commissioner of Taxation on the status of interpreters and translators as being employees of ONCALL for the purposes of the Superannuation Guarantee (Administration) Act 1992.
ONCALL lost the Federal Court appeal and as a consequence the Company – On-Call Interpreters and Translators Agency Pty Ltd – became liable for superannuation payments for its interpreters and translators for the financial years 2002 to 2007.
Based on legal advice on the 13th of May 2011 the Directors of ONCALL took the necessary step of moving the company into voluntary administration. Voluntary Administration allows appointed Administrators to independently determine the future direction of a company to address its financial situation. ONCALL Directors also formed a new company ONCALL Language Services Pty Ltd. At no stage have we been in either receivership or liquidation and nor have we, at any stage, been declared bankrupt.
In a positive outcome for services to our customers, in June the Administrators executed a sale of agreement of the previous business to the new company. We are currently working through any outstanding contractual undertakings with customers with this transition.
ONCALL Language Services Pty Ltd is committed to providing the same high quality interpreting and translating services to our clients and will continue to source the best language service practitioners from around Australia and the world. ONCALL Language Services Pty Ltd has been able to retain all full time administrative and in-house interpreting staff, meaning that the company is still represented right across Australia to ensure that a point of contact is never far away for our valued clients. The Directors and staff at ONCALL Language Services Pty Ltd look forward to providing continued, quality-assured interpreting and translating services to all our clients as we enter this new chapter of business.
Hulus Hulusi Deniz Hulusi