Document ID: chunk:federal_register_of_legislation:C2025C00162:section:5:p8
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 5 (pt 8/13)
Character Range: 1933255–1936056

of different kinds of termination payments, then, for the purposes of the application of points 1068‑G7AG to 1068‑G7AN (inclusive), each part of the payment that is in respect of a different kind of termination payment is taken to be a separate payment and the income maintenance period in respect of the single payment is worked out by adding the periods to which the separate payments relate.

Definitions
 1068‑G7AQ In points 1068‑G7AG to 1068‑G7AP (inclusive):
payment fortnight means a fortnight in respect of which a jobseeker payment is paid, or would be paid, apart from the application of an income maintenance period, to a person.
period to which the payment relates means:
 (a) if the payment is a leave payment—the leave period to which the payment relates; or
 (b) if the payment is a termination payment and is calculated as an amount equivalent to an amount of ordinary income that the person would (but for the termination) have received from the employment that was terminated—the period for which the person would have received that amount of ordinary income; or
 (c) if the payment is a termination payment and paragraph (b) does not apply—the period of weeks (rounded down to the nearest whole number) in respect of which the person would have received ordinary income, from the employment that was terminated, of an amount equal to the amount of the termination payment if:
 (i) the person's employment had continued; and
 (ii) the person received ordinary income from the employment at the rate per week at which the person usually received ordinary income from the employment prior to the termination.
redundancy payment includes a payment in lieu of notice, but does not include a directed termination payment within the meaning of section 82‑10F of the Income Tax (Transitional Provisions) Act 1997.
termination payment includes:
 (a) a redundancy payment; and
 (b) a leave payment relating to a person's employment that has been terminated; and
 (c) any other payment that is connected with the termination of a person's employment.
 1068‑G7AR In points 1068‑G7AG to 1068‑G7AQ (inclusive):
leave payment includes a payment in respect of sick leave, annual leave, maternity leave and long service leave, but does not include an instalment of parental leave pay.

Ordinary income generally taken into account when first earned, derived or received
 1068‑G7A Subject to points 1068‑G7B, 1068‑G7C, 1068‑G8 and 1068‑G8A and sections 1072A and 1073, ordinary income (except employment income) is to be taken into account in the fortnight in which it is first earned, derived or received.
Note: See Division 1AA of Part 3.10 for the treatment of employment income.

Claimant or recipient receives lump sum amount for remunerative work
 1068‑G7B If a person whose claim for a payment