I've never heard of a restriction on how long you'd have to wait to be rehired.
That would be the big change vs the current practise : when fired, an employee under a fixed term or an unlimited term contract is entitled to compensation according to the motives that have led to the termination of the contract by the employer. The lack of compensation is valid only when the redundancy occurs as a consequence of gross or/and wilful misconduct. When through hell, just keep going. W. Churchill