This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 1 July 2012, adjust the amount specified in section 71M(1)(a) and (1A)(a) of the Parental Leave and Employment Protection Act 1987 (the Act).
Under section 71M(1) of the Act, the rate of parental leave payment payable to an employee is the lesser of—
Under section 71M(1A) of the Act, the rate of parental leave payment payable to a self-employed person is the lesser of—
The amount of $458.82 per week must be adjusted by 1 July 2012 by any percentage movement upwards in average ordinary time weekly earnings. These regulations adjust the amount to $475.16.
These regulations also set, for the purposes of section 71M(1A)(b)(ii) of the Act, the minimum amount payable to a self-employed person. The amount is set at $135.00 per week.
The amounts apply to parental leave payments payable on and after 1 July 2012.