Section 71OA — Parental Leave and Employment Protection Act 1987: Annual adjustment of minimum rates of parental leave payment for self-employed persons
Text of the provision Official document
71OA Annual adjustment of minimum rates of parental leave payment for self-employed persons The minimum rate of parental leave payment that applies under section 71M(1A)(b)(ii) must be set, by Order in Council, as at 1 July each year, as a weekly amount that is equivalent to 10 hours' work at the highest rate of minimum wage that applies under the Minimum Wage Act 1983 at that date. Section 71OA was inserted, as from 1 July 2006, by section 39 Parental Leave and Employment Protection (Paid Parental Leave for Self-Employed Persons) Amendment Act 2006 (2006 No 20). See section 5 of that Act for the application of this amendment.
Official source: legislation.govt.nz
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