22Basic amount for payment in lieu of notice entitlement

#### 22 Basic amount for payment in lieu of notice entitlement The basic amount for a person’s payment in lieu of notice entitlement for his or her employment by an employer is so much of the entitlement as: (a) is not a cost of the winding up or bankruptcy of the employer; and (b) does not exceed 5 weeks’ pay at the rate relevant to working out that entitlement. > Note: Sections 25 and 26 may affect the basic amount.