Childcare Payment definition

Childcare Payment means the amount referred to in clause 3; Childcare Vouchers means the electronic or paper vouchers provided by Computershare in accordance with this Agreement; Computershare means Computershare Voucher Services Limited, a company registered in England and Wales with company number 4968447 and having its registered office at ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇ and operating from ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇; Employment Terms means the terms and conditions of employment agreed between the employee and the employer; Original Salary means the salary of the employee for each Pay Period during the Salary Sacrifice period on the assumption that the Employment Terms had not been varied by the Agreement or any similar agreement; Pay Period means the period of time for which the employee is normally paid being monthly; Salary Sacrifice period means the period of time, being not less than one Pay Period for which the Agreement is to apply, as set out in clause 5;
View Source

Examples of Childcare Payment in a sentence

  • If the Childcare Payment stated on the Application is the maximum permitted under applicable tax legislation at the time the employee completes the Application then the employer will automatically increase the Childcare Payment at the start of each tax year to enable the employee to receive the full benefit of tax relief on the Childcare Payment.

  • If applicable the employee agrees to the Childcare Payment being deducted from Occupational Maternity/Paternity Pay.

  • For the purposes of this Agreement, the Childcare Payment to be received under the Employment Terms (as varied by this Agreement) shall be stated on the Application.

  • If applicable, such Childcare Payment shall constitute a pensionable emolument and therefore the employee's pensionable pay shall not be reduced as a result of this Agreement.

  • Parents/Guardians/Whanau must make arrangements to pay the balance of any fees owed directly to the Educator (in accordance with the Childcare Payment Summary or Invoice provided) and are encouraged to set up an automatic payment.

  • If applicable, such Childcare Payment shall constitute a pensionable emolument and therefore the employee’s pensionable pay shall not be reduced as a result of this Agreement.