Common use of Cashing out of Annual Leave Clause in Contracts

Cashing out of Annual Leave. (a) Paid annual leave must not be cashed out except in accordance with an agreement under this subclause. (b) Each cashing out of a particular amount of paid annual leave must be the subject of a separate agreement. (c) An Employer and an Employee may agree in writing to the cashing out of a particular amount of accrued paid annual leave by the Employee. (d) The agreement under this subclause must: (i) state the amount of leave to be cashed out and the payment to be made to the employee for it; (ii) state date on which the payment is to be made; and (iii) be signed by the Employer and Employee and, if the Employee is under 18 years of age, by the Employee’s parent or guardian. (e) The payment must not be less than the amount that would have been payable had the Employee taken the leave at the time the payment is made. (f) An agreement under this subclause must not result in the Employee’s remaining accrued entitlement to paid annual leave being less than 4 weeks. (g) The maximum amount of accrued paid annual leave that may be cashed out in any period of 12 months is 2 weeks. (h) The Employer must keep a copy of any agreement under this subclause as an employee record.

Cashing out of Annual Leave. (a) Paid annual leave must not be cashed out except in accordance with an agreement under this subclauseclause 28.5. (b) Each cashing out of a particular amount of paid annual leave must be the subject of a separate agreementagreement under clause 28.5. (c) An Employer and an Employee may agree in writing to the cashing out of a particular amount of accrued paid annual leave by the Employee. (d) The An agreement under this subclause must: (i) state clause 28.5 must state: the amount of leave to be cashed out and the payment to be made to the employee Employee for it; (ii) state ; and the date on which the payment is to be made; and. (iiie) An agreement under clause 28.5 must be signed by the Employer and Employee and, if the Employee is under 18 years of age, by the Employee’s parent or guardian. (ef) The payment must not be less than the amount that would have been payable had the Employee taken the leave at the time the payment is made. (fg) An agreement under this subclause must not result in the Employee’s remaining accrued entitlement to paid annual leave being less than 4 four weeks. (gh) The maximum amount of accrued paid annual leave that may be cashed out in any period of 12 months is 2 two weeks. (hi) The Employer must keep a copy of any agreement under this subclause clause 28.5 as an employee Employee record.

Cashing out of Annual Leave. (a) Paid annual leave must not be cashed out except in accordance with an agreement under this subclausecl. 51.6. (b) Each cashing out of a particular amount of paid annual leave must be the subject of a separate agreementagreement under cl. 51.6. (c) An The Employer and an Employee may agree in writing to the cashing out of a particular amount of accrued paid annual leave by the Employee. (d) The An agreement under this subclause mustcl. 51.6 must state: (i) state the amount of leave to be cashed out and the payment to be made to the employee for it;; and (ii) state the date on which the payment is to be made; and. (iiie) An agreement under cl. 51.6 must be signed by the Employer and Employee and, if the Employee is under 18 years of age, by the Employee’s parent or guardian. (ef) The payment must not be less than the amount that would have been payable had the Employee taken the leave at the time the payment is made. (fg) An agreement under this subclause must not result in the Employee’s remaining accrued entitlement to paid annual leave being less than 4 5 weeks. (gh) The maximum amount of accrued paid annual leave that may be cashed out in any period of 12 months is 2 weeks. (hi) The Employer must keep a copy of any agreement under this subclause cl. 51.6 as an employee record.

Cashing out of Annual Leave. (a) Paid annual leave must not be cashed out except in accordance with an agreement under this subclauseclause. (b) Each cashing out of a particular amount of paid annual leave must be the subject of a separate agreement. (c) An Employer and an Employee may agree in writing to the cashing out of a particular amount of accrued paid annual leave by the Employee. (d) The An agreement under this subclause mustclause must state: (i) state the amount of leave to be cashed out and the payment to be made to the employee Employee for it;; and (ii) state the date on which the payment is to be made; and. (iiie) An agreement under this clause must be signed by the Employer and Employee and, if the Employee is under 18 years of age, by the Employee’s parent or guardian. (ef) The payment must not be less than the amount that would have been payable had the Employee taken the leave at the time the payment is made. (fg) An agreement under this subclause must not result in the Employee’s remaining accrued entitlement to paid annual leave being less than 4 weeks. (gh) The maximum amount of accrued paid annual leave that may be cashed out in any period of 12 months is 2 weeks. (hi) The Employer must keep a copy of any agreement under this subclause as an employee Employee record.

Cashing out of Annual Leave. (a) Paid annual leave must not be cashed out except in accordance with an agreement under this subclause. (b) Each cashing out of a particular amount of paid annual leave must be the subject of a separate agreement. (c) An Employer and an Employee may agree in writing to the cashing out of a particular amount of accrued paid annual leave by the Employee. (d) The agreement under this subclause must: (i) state the amount of leave to be cashed out and the payment to be made to the employee for it; (ii) state date on which the payment is to be made; and (iii) be signed by the Employer and Employee and, if the Employee is under 18 years of age, by the Employee’s (PSOR\HH¶V parent or guardian. (e) The payment must not be less than the amount that would have been payable had the Employee taken the leave at the time the payment is made. (f) An agreement under this subclause must not result in the Employee’s remaining accrued entitlement to paid annual leave (PSOR\HH¶V UHPeDnLtitlQemLenQt Jto paDidFanFnUuaXl leHavGe being less than 4 weeks. (g) The maximum amount of accrued paid annual leave that may be cashed out in any period of 12 months is 2 weeks. (h) The Employer must keep a copy of any agreement under this subclause as an employee record.