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s 76

Meaning of gross income—pt 2.4

In force
Chapter 2Motor accident injuries—defined benefits
Part 2.4Defined benefits—income replacement benefits
Division 2.4.1Income replacement benefits—important concepts

76 Meaning of gross income—pt 2.4

For this part, gross income, of an injured person who is an employee—

(a)

includes the following:

(i)

any amount paid to the injured person as wages, bonuses, commissions or allowances;

(ii)

any amount paid to the injured person as overtime;

(iii)

any amount paid to the injured person as penalty payments for shift work;

(iv)

any amount paid to the injured person if the person was on paid leave;

(v)

any amount otherwise payable to the injured person under a voluntary salary sacrifice arrangement;

(vi)

any amount paid for loss of income under a workers compensation scheme; but

(b)

does not include the following:

(i)

any contribution paid or payable on behalf of the person by the person’s employer to a superannuation scheme for the benefit of the person;

(ii)

any redundancy or voluntary early retirement payment received by the person from the person’s employer;

(iii)

any amount paid for unused leave on termination of employment;

(iv)

any other amount paid as a lump sum as a consequence of termination of employment;

(v)

any allowance or benefit prescribed by regulation received by the person from the person’s employer.

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