Common use of Automatic cash-out Clause in Contracts

Automatic cash-out. (a) Where an employee has two or more recreation leave loadings, the following automatic payment provisions shall apply: (i) the common cash-up date for the automatic payment of recreation leave loadings is the second pay day in January of each year or in any case by the end of January each year; (ii) an employee with two accrued recreation leave loadings as at 1 January shall have one recreation leave loading automatically paid on the common cash-up date of that year; (iii) an employee with three or more accrued recreation leave loadings as at 1 January shall have two recreation leave loadings automatically paid on the common cash-up date of that year; (iv) recreation leave loadings will be paid in the order of accrual; and (v) recreation leave loadings will continue to be taxed in accordance with current Australian Taxation Office taxation legislation applicable to the payment of recreation leave loadings, except that recreation leave loadings automatically paid on the common cash-up date will be fully taxed. (b) The automatic payment of recreation leave loadings shall not apply to shiftworkers.

Automatic cash-out. (a) Where an employee has two or more recreation leave loadings, the following automatic payment provisions shall will apply: (i) the common cash-up date for the automatic payment of recreation leave loadings is the second pay day payday in January of each year or in any case by the end of January each year;; and (ii) an employee with two accrued recreation leave loadings as at 1 January shall will have one recreation leave loading automatically paid on the common cash-up date of that year;; and (iii) an employee with three or more accrued recreation leave loadings as at 1 January shall will have two recreation leave loadings automatically paid on the common cash-up date of that year;; and (iv) recreation leave loadings will be paid in the order of accrual; and (v) recreation leave loadings will continue to be taxed in accordance with current Australian Taxation Office taxation legislation applicable to the payment of recreation leave loadings, except that recreation leave loadings automatically paid on the common cash-up date will be fully taxed. (b) The automatic payment of recreation leave loadings shall will not apply to shiftworkersshift workers.

Automatic cash-out. (a) Where an employee has two or more recreation leave loadings, the following automatic payment provisions shall apply: (i) the common cash-up date for the automatic payment of recreation leave loadings is the second pay day in January of each year or in any case by the end of January each year; (ii) an employee with two accrued recreation leave loadings as at 1 January shall have one recreation leave loading automatically paid on the common cash-up date of that year; (iii) an employee with three or more accrued recreation leave loadings as at 1 January shall have two recreation leave loadings automatically paid on the common cash-up date of that year; (iv) recreation Recreation leave loadings will be paid in the order of accrual; and (v) recreation Recreation leave loadings will continue to be taxed in accordance with current Australian Taxation Office taxation legislation applicable to the payment of recreation leave loadings, except that recreation leave loadings automatically paid on the common cash-up date will be fully taxed. (b) The automatic payment of recreation leave loadings shall not apply to shiftworkers.

Automatic cash-out. (a) Where an employee has two or more recreation leave loadings, the following automatic payment provisions shall apply: (i) the The common cash-up date for the automatic payment of recreation leave loadings is the second pay day in January of each year or in any case by the end of January each year; (ii) an An employee with two accrued recreation leave loadings as at 1 January shall have one recreation leave loading automatically paid on the common cash-up date of that year; (iii) an An employee with three or more accrued recreation leave loadings as at 1 January shall have two recreation leave loadings automatically paid on the common cash-up date of that year; (iv) recreation Recreation leave loadings will be paid in the order of accrual; and (v) recreation Recreation leave loadings will continue to be taxed in accordance with current Australian Taxation Office taxation legislation applicable to the payment of recreation leave loadings, except that recreation leave loadings automatically paid on the common cash-up date will be fully taxed. (b) The automatic payment of recreation leave loadings shall not apply to shiftworkers.

Automatic cash-out. (a) Where an employee has two or more recreation leave loadings, the following automatic payment provisions shall apply: (i) the The common cash-up date for the automatic payment of recreation leave loadings is the second pay day payday in January of each year or in any case by the end of January each year; (ii) an An employee with two accrued recreation leave loadings as at 1 January shall have one recreation leave loading automatically paid on the common cash-up date of that year; (iii) an An employee with three or more accrued recreation leave loadings as at 1 January shall have two recreation leave loadings automatically paid on the common cash-up date of that year; (iv) recreation Recreation leave loadings will be paid in the order of accrual; and (v) recreation Recreation leave loadings will continue to be taxed in accordance with current Australian Taxation Office taxation legislation applicable to the payment of recreation leave loadings, except that recreation leave loadings automatically paid on the common cash-up date will be fully taxed. (b) The automatic payment of recreation leave loadings shall not apply to school based Teachers and shiftworkers.