4Calculating ordinary pay for payment of annual leave—bonuses

4 Calculating ordinary pay for payment of annual leave—bonuses

4 Calculating ordinary pay for payment of annual leave—bonuses

For the purposes of section 2(6) of the Act, the prescribed annual amount of a worker’s ordinary pay is the greater of the following—

(a) $144,000,

(b) the amount calculated, from time to time, in accordance with Chapter 2, regulation 2.13 of the Fair Work Regulations 2009 of the Commonwealth.

Note—

Section 2(6) of the Act provides that, for the purpose of paying annual leave, bonuses do not form part of a worker’s ordinary pay if the worker’s annual ordinary pay exceeds the amount prescribed by the regulations. This clause prescribes that amount.