Common use of Payout of Annual Leave Clause in Contracts

Payout of Annual Leave. Annual leave maybe paid out at the request of the Employee only. Only leave accrued in excess of 6 weeks may be paid out. In accordance with section 93 of the Act, for annual leave to be paid out each instance will require a separate agreement in writing between the Employer and Employee. The Employee will be paid at least the full amount that would have been payable to them had they taken the leave. Any leave paid out will also be paid out in accordance with subclause 45.7. Employees shall be paid an amount equal to the weekly payment to XXXX(Q)/ other superannuation fund, XXXX, BEWT and CIPQ for each week of annual leave paid out.