33Employees reaching minimum retiring age or being retrenched

33 Employees reaching minimum retiring age or being retrenched

(1) A CFM body or a related body may grant an employee long service leave on full salary for a period up to the employee’s long service leave credit under subsection 43(1) if: (a) the employee was an employee of the CFM body immediately before the body’s sale day; and (b) at that time, the employee’s period of service for the purposes of the Long Service Leave Act was less than 10 years; and (c) from and after the body’s sale day, the employee continued to be employed by the CFM body or a related body; and (d) the employee stopped being an employee of the CFM body or a related body, on or after reaching the minimum retiring age, or because of retrenchment; and (e) the employee’s combined service period at the time when he or she stopped being an employee of the CFM body or a related body was at least one year. (2) Long service leave granted under this section is to be taken so as to end immediately before the employee stopped being an employee. (3) The CFM body or related body (as the case requires) may, if the employee asks in writing, grant the employee long service leave on half salary for a period not exceeding twice the period that could have been granted to the employee on full salary.