Payments in addition to contract or award, limits of (Act s. 5.50(3))
19A Payments in addition to contract or award, limits of (Act s. 5.50(3))
The value of a payment or payments made under section 5.50(1) and (2) to an employee whose employment with a local government finishes after 1 January 2010 is not to exceed in total —
the value of the person’s final annual remuneration, if the person —
accepts voluntary severance by resigning as an employee; and
is not a CEO or a senior employee whose employment is governed by a written contract in accordance with section 5.39;
or
in all other cases, $5 000.
In this regulation —
final annual remuneration in respect of a person, means the value of the annual remuneration paid, or payable, to the person by the local government which employed that person immediately before the person’s employment with the local government finished.
[Regulation 19A inserted: Gazette 31 Mar 2005 p. 1032; amended: Gazette 13 Jul 2012 p. 3218.]
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