43Employee’s long service leave credit for the purposes of Subdivisions 2B and 2C

43 Employee’s long service leave credit for the purposes of Subdivisions 2B and 2C

(1) For the purposes of sections 32 and 33, the long service leave credit of an employee is equal to the long service leave credit that the employee would have under the Long Service Leave Act for the period: (a) starting when the employee started his or her period of service; and (b) ending on: (i) where the employee was employed by CFM immediately before CFM’s sale day—CFM’s sale day; or (ii) where the employee was employed by a transferred body immediately before the body’s sale day—that body’s sale day; if the employee had been retrenched on that sale day. (2) For the purposes of sections 36, 37 and 38, an employee’s long service leave credit is the employee’s long service leave credit worked out under subsection (1), reduced by any long service leave credit used under section 32 or 33.