Common use of REMUNERATION PACKAGING Clause in Contracts

REMUNERATION PACKAGING. ‌ (1) A practitioner may elect to enter into a remuneration packaging arrangement. (2) A practitioner may elect to salary sacrifice up to a maximum of 50% of the practitioners total remuneration. (3) The remuneration packaging arrangement entered into shall be by separate written agreement with the Employer which sets out the terms and conditions of the arrangement provided that the terms of such agreement shall comply with the terms of this clause. (4) Such agreement shall be formulated on the basis that, on balance, there shall be no material disadvantage to the practitioner concerned, and shall be cost neutral in relation to the total employment cost to the Employer. (5) The salary packaging arrangement must comply with relevant taxation laws and the Employer will not be liable for additional tax, penalties or other costs payable or which may become payable by the practitioner. (6) A practitioner may elect to cancel any remuneration packaging arrangement by giving a minimum of four weeks’ notice. (7) The Employer may elect to cancel any remuneration packaging arrangement by giving a minimum of four weeks’ notice if the Employer incurs a liability to pay fringe benefits tax or any other tax in respect of the non-cash benefits provided, provided that the Employer cannot retrospectively cancel any remuneration packaging arrangement. (8) Notwithstanding subclauses (6) and (7) the Employer and the practitioner may agree to forgo the notice period. (9) The cancellation of remuneration packaging will not cancel or otherwise effect the operation of this Agreement. (10) Any dispute arising from the operations of this clause will be dealt with in accordance with the relevant dispute settlement provisions. (11) If there is an adverse change in the FBT arrangements, the parties shall meet as a matter of urgency with a view to minimising such adverse effect and the practitioner shall be given the choice of reviewing their arrangements or meeting the cost of any additional FBT.

Appears in 4 contracts

Samples: Industrial Agreement, Department of Health Medical Practitioners (Drug and Alcohol Office) Ama Industrial Agreement 2004, Department of Health Medical Practitioners (Director General) Ama Industrial Agreement 2004

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REMUNERATION PACKAGING. (1) A practitioner may elect to enter into a remuneration packaging arrangement. (2) A practitioner may elect to salary sacrifice up to a maximum of 50% of the practitioners total remuneration. (3) The remuneration packaging arrangement entered into shall be by separate written agreement with the Employer which sets out the terms and conditions of the arrangement provided that the terms of such agreement shall comply with the terms of this clause. (4) Such agreement shall be formulated on the basis that, on balance, there shall be no material disadvantage to the practitioner concerned, and shall be cost neutral in relation to the total employment cost to the Employer. (5) The salary packaging arrangement must comply with relevant taxation laws and the Employer will not be liable for additional tax, penalties or other costs payable or which may become payable by the practitioner. (6) A practitioner may elect to cancel any remuneration packaging arrangement by giving a minimum of four weeks’ notice. (7) The Employer may elect to cancel any remuneration packaging arrangement by giving a minimum of four weeks’ notice if the Employer incurs a liability to pay fringe benefits tax or any other tax in respect of the non-cash benefits provided, provided that the Employer cannot retrospectively cancel any remuneration packaging arrangement. (8) Notwithstanding subclauses (6) and (7) the Employer and the practitioner may agree to forgo the notice period. (9) The cancellation of remuneration packaging will not cancel or otherwise effect the operation of this Agreement. (10) Any dispute arising from the operations of this clause will be dealt with in accordance with the relevant dispute settlement provisions. (11) If there is an adverse change in the FBT arrangements, the parties shall meet as a matter of urgency with a view to minimising such adverse effect and the practitioner shall be given the choice of reviewing their arrangements or meeting the cost of any additional FBT.

Appears in 2 contracts

Samples: Industrial Agreement, Department of Health Medical Practitioners (Pathcentre) Ama Industrial Agreement 2004

REMUNERATION PACKAGING. (1) A practitioner clinical academic may elect to enter into a remuneration packaging arrangement. (2) A practitioner clinical academic may elect to salary sacrifice up to a maximum of 50% of the practitioners total remuneration. (3) The remuneration packaging arrangement entered into shall be by separate written agreement with the Employer which sets out the terms and conditions of the arrangement provided that the terms of such agreement shall comply with the terms of this clause. (4) Such agreement shall be formulated on the basis that, on balance, there shall be no material disadvantage to the practitioner clinical academic concerned, and shall be cost neutral in relation to the total employment cost to the Employer. (5) The salary packaging arrangement must comply with relevant taxation laws and the Employer will not be liable for additional tax, penalties or other costs payable or which may become payable by the practitioner. (6) A practitioner clinical academic may elect to cancel any remuneration packaging arrangement by giving a minimum of four weeks’ notice. (7) The Employer may elect to cancel any remuneration packaging arrangement by giving a minimum of four weeks’ notice if the Employer incurs a liability to pay fringe benefits tax or any other tax in respect of the non-cash benefits provided, provided that the Employer cannot retrospectively cancel any remuneration packaging arrangement. (8) Notwithstanding subclauses (6) and (7) the Employer and the practitioner clinical academic may agree to forgo the notice period. (9) The cancellation of remuneration packaging will not cancel or otherwise effect the operation of this Agreement. (10) Any dispute arising from the operations of this clause will be dealt with in accordance with the relevant dispute settlement provisions. (11) If there is an adverse change in the FBT arrangements, the parties shall meet as a matter of urgency with a view to minimising such adverse effect and the practitioner clinical academic shall be given the choice of reviewing their arrangements or meeting the cost of any additional FBT.

Appears in 1 contract

Samples: Department of Health (Clinical Academics) Ama Industrial Agreement 2004

REMUNERATION PACKAGING. (1) A practitioner may elect to enter into a remuneration packaging arrangement. (2) A practitioner may elect to salary sacrifice up to a maximum of 50% of the practitioners total remuneration. (3) The remuneration packaging arrangement entered into shall be by separate written agreement with the Employer which sets out the terms and conditions of the arrangement provided that the terms of such agreement shall comply with the terms of this clause. (43) Such agreement shall be formulated on the basis that, on balance, there shall be no material disadvantage to the practitioner concerned, and shall be cost neutral in relation to the total employment cost to the Employer. (54) The salary packaging arrangement must comply with relevant taxation laws and the Employer will shall not be liable for additional tax, penalties or other costs payable or which may become payable by the practitioner. (65) A practitioner may elect to cancel any remuneration packaging arrangement by giving a minimum of four weeks’ notice. (76) The Employer may elect to cancel any remuneration packaging arrangement by giving a minimum of four weeks’ notice if the Employer incurs a liability to pay fringe benefits tax or any other tax in respect of the non-non- cash benefits provided, provided that the Employer cannot retrospectively cancel any remuneration packaging arrangement. (8) 7) Notwithstanding subclauses sub-clauses (65) and (76) the Employer and the practitioner may agree to forgo the notice period. (9) 8) The cancellation of remuneration packaging will shall not cancel or otherwise effect the operation of this Agreement. (109) Any dispute arising from the operations of this clause will shall be dealt with in accordance with the relevant dispute settlement provisions. (1110) If there is an adverse change in the FBT arrangements, the parties shall meet as a matter of urgency with a view to minimising such adverse effect and the practitioner shall be given the choice of reviewing their arrangements or meeting the cost of any additional FBT.

Appears in 1 contract

Samples: Industrial Agreement

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REMUNERATION PACKAGING. (1) A practitioner may elect to enter into a remuneration packaging arrangement. (2) A practitioner may elect to salary sacrifice up to a maximum of 50% of the practitioners total remuneration. (3) The remuneration packaging arrangement entered into shall be by separate written agreement with the Employer which sets out the terms and conditions of the arrangement provided that the terms of such agreement shall comply with the terms of this clause. (4) Such agreement shall be formulated on the basis that, on balance, there shall be no material disadvantage to the practitioner concerned, and shall be cost neutral in relation to the total employment cost to the Employer. (5) The salary packaging arrangement must comply with relevant taxation laws and the Employer will not be liable for additional tax, penalties or other costs payable or which may become payable by the practitioner. (6) A practitioner may elect to cancel any remuneration packaging arrangement by giving a minimum of four weeks’ notice. (7) The Employer may elect to cancel any remuneration packaging arrangement by giving a minimum of four weeks’ notice if the Employer incurs a liability to pay fringe benefits tax or any other tax in respect of the non-cash benefits provided, provided that the Employer cannot retrospectively cancel any remuneration packaging arrangement. (8) Notwithstanding subclauses (6) and (7) the Employer and the practitioner may agree to forgo the notice period. (9) The cancellation of remuneration packaging will not cancel or otherwise effect the operation of this Agreement. (10) Any dispute arising from the operations of this clause will be dealt with in accordance with the relevant dispute settlement provisions. (11) If there is an adverse change in the FBT arrangements, the parties shall meet as a matter of urgency with a view to minimising such adverse effect and the practitioner shall be given the choice of reviewing their arrangements or meeting the cost of any additional FBT.FBT.‌

Appears in 1 contract

Samples: Industrial Agreement

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