18Meaning of full rate of pay

18  Meaning of full rate of pay  (1) The full rate of pay of a national system employee is the rate of pay payable to the employee, including all the following:  (a) incentive‑based payments and bonuses;  (b) loadings;  (c) monetary allowances;  (d) overtime or penalty rates;  (e) any other separately identifiable amounts. Meaning for pieceworkers in relation to entitlements under National Employment Standards  (2) However, if one of the following paragraphs applies to a national system employee who is a pieceworker, the employee’s full rate of pay, in relation to entitlements under the National Employment Standards, is the full rate of pay referred to in that paragraph:  (a) a modern award applies to the employee and specifies the employee’s full rate of pay for the purposes of the National Employment Standards;  (b) an enterprise agreement applies to the employee and specifies the employee’s full rate of pay for the purposes of the National Employment Standards;  (c) the employee is an award/agreement free employee, and the regulations prescribe, or provide for the determination of, the employee’s full rate of pay for the purposes of the National Employment Standards.