Document ID: chunk:federal_register_of_legislation:F2023C01043:reg:8q
Version: federal_register_of_legislation:F2023C01043
Segment Type: reg
Provision Reference: reg 8Q
Character Range: 60146–61643

8Q  Executive employees—flexible remuneration packages
 (1) This regulation applies, subject to regulation 8QA, to an eligible employee who:
 (a) is appointed or employed by an authority or body mentioned in column 2 of an item in Part 1 of Schedule 1; or
 (b) is appointed by or under, or employed under a law mentioned in column 2 of an item in Part 2 of Schedule 1; or
 (c) holds an office mentioned in column 2 of an item in Part 3 of Schedule 1;
under, or in accordance with, a relevant agreement.
 (2) For the purposes of the Act, the annual rate of salary on a particular day of an eligible employee to whom this regulation applies is an amount equal to the total yearly value on that day of that employee's remuneration (including his or her non‑monetary entitlements) under that agreement, multiplied by the percentage set out in column 3 of the item in Schedule 1 that applies to the eligible employee.
 (3) For the purposes of the Act, the annual rate of salary on a particular day of an eligible employee who is:
 (a) employed by the Northern Territory of Australia under a relevant agreement; or
 (b) employed under a relevant agreement by an authority or body established by or under a law of the Northern Territory of Australia; or
 (c) appointed by or under, or employed under, a law of the Northern Territory of Australia in accordance with a relevant agreement;
is an amount equal to the amount that is his or her notional salary on that day for the purposes of that agreement.