Document ID: chunk:federal_register_of_legislation:C2004A05165:clause:1_34zp
Version: federal_register_of_legislation:C2004A05165
Segment Type: clause
Provision Reference: sch 1 cl 34ZP
Character Range: 63590–64348

34ZP  Employee's long service leave credit for the purposes of Subdivisions B and C

 (1) For the purposes of sections 34ZE and 34ZF, the long service leave credit of an employee is equal to the long service leave credit that the employee would have under the Long Service Leave Act for the period:
 (a) starting when the employee started his or her period of service; and
 (b) ending on AIDC Ltd's sale day;
if the employee had been retrenched on that sale day.

 (2) For the purposes of sections 34ZI, 34ZJ and 34ZK, an employee's long service leave credit is the employee's long service leave credit worked out under subsection (1), reduced by any long service leave credit used under section 34ZE or 34ZF.

Subdivision F—Saving: Long Service Leave Act