4BFortnightly amount of allowance by way of salary

4B Fortnightly amount of allowance by way of salary

Amount for a whole fortnight (1) Subject to subsection (2), for the purposes of subsection 13(3A) of the Act, the fortnightly amount of the allowance by way of salary payable to a person for a fortnight is to be worked out in accordance with the following formula: Start formula start fraction open bracket Amount of office holder’s salary minus Excluded portion of office holder’s salary close bracket times 12 over 313 end fraction end formula. where:

amount of office holder’s salary means the annual amount of office holder’s salary (within the meaning of the Parliamentary Business Resources Act 2017) payable to the person.

excluded portion of office holder’s salary means the annual amount of office holder’s salary (within the meaning of the Parliamentary Business Resources Act 2017) payable to the person multiplied by the portion covered by paragraph 45(3)(b) of that Act.

Amount for part of a fortnight (2) If allowance by way of salary is payable to a person for a part of a fortnight, then, for the purposes of subsection 13(3A) of the Act, the fortnightly amount of the allowance by way of salary payable to the person for that fortnight is the amount worked out in accordance with the following formula: Start formula start fraction Full fortnightly amount times Number of included days over 14 end fraction end formula. where:

full fortnightly amount means the amount worked out in accordance with the formula in subsection (1).

number of included days means the number of days in the part of the fortnight.

Amount for the transitional fortnight (3) Subject to subsection (4), subsections (1) and (2) do not apply in relation to the transitional fortnight. (4) If allowance by way of salary is payable to a person for the whole or a part of the transitional fortnight, then, for the purposes of subsection 13(3A) of the Act, the fortnightly amount of the allowance by way of salary payable to the person for the transitional fortnight is the amount worked out in accordance with the following formula: Start formula start fraction Full fortnightly amount times Number of included days over 14 end fraction end formula. where:

full fortnightly amount means the amount worked out in accordance with the formula in subsection (1).

number of included days means:

(a) if allowance by way of salary is payable to the person for the whole of the transitional fortnight—17; or
(b) if allowance by way of salary is payable to the person for a part of the transitional fortnight—the number of days in the part of the fortnight.