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StatuteSocial Security Act 2018

Section Sch3-6 — Social Security Act 2018: Income includes specified other payments related to work ending

Text of the provision Official document

6 Income includes specified other payments related to work ending A person’s income includes the following payments made to the person: (a) any payment relating to a situation involving a seasonal layoff: (b) any payment contingent on the completion of either a fixed-term engagement or an engagement to complete work specified in a contract: (c) any payment in lieu of notice terminating employment: (d) any payment (including holiday pay) that, if it had not been made in relation to termination of employment, would, in MSD’s opinion, have been paid so as to constitute monetary remuneration of the employee: (e) any parental leave payments paid under Part 7A of the Parental Leave and Employment Protection Act 1987: (f) any payment in relation to termination of employment made by a company pursuant to its constitution to any of its directors. Compare: 1964 No 136 s 3(1) , definition of income, paragraph (d)

Official source: legislation.govt.nz

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