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AP797062 - Student Union Employees Core Conditions Award 1997

5.3 ANNUAL LEAVE LOADING

5.3.1 Notwithstanding anything elsewhere contained in any act, award, regulation, award, agreement, order or the like, an employee shall be entitled to an annual leave (bonus) payment equal to 17.5% of four weeks salary on the pay day preceding the date of accrual of recreation leave, subject to a maximum payment of the equivalent of the Commonwealth Statistician's average weekly total earnings of all males (Australia) for the September quarter preceding the date of accrual.

5.3.2 An employee whose employment commenced after 1st January in any year shall in respect of recreation leave for the period of employment up to the following 31st December be entitled on the pay day preceding the following 1st January to pro-rata payment of the amount payable under sub-clause 5.3.1 thereof for the number of completed months of continuous service in that year subject to the maximum payment being in the proportion that such number of months bears to twelve months.

5.3.3 An employee whose employment is terminated prior to 31st December in any year shall in respect of recreation leave for the period upto the date of termination of employment be entitled to pro-rata payment of the amount payable under sub-clause 5.3.1 hereof for the number of completed months of continuous service in that year subject to the maximum payment being in proportion that such number of months bears to twelve months.

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