Fair Entitlements Guarantee (Indexation of Maximum Weekly Wage) Regulation 2013
Select Legislative Instrument No. 182, 2013 as amended
made under the
Fair Entitlements Guarantee Act 2012.
Compilation start date: 31 May 2014
Includes amendments up to: SLI No. 58, 2014
About this compilation
This compilation
This is a compilation of the Fair Entitlements Guarantee (Indexation of Maximum Weekly Wage) Regulation 2013 as in force on 31 May 2014. It includes any commenced amendment affecting the legislation to that date.
This compilation was prepared on 3 June 2014.
The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of each amended provision.
Uncommenced amendments
The effect of uncommenced amendments is not reflected in the text of the compiled law but the text of the amendments is included in the endnotes.
Application, saving and transitional provisions for provisions and amendments
If the operation of a provision or amendment is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.
Modifications
If a provision of the compiled law is affected by a modification that is in force, details are included in the endnotes.
Provisions ceasing to have effect
If a provision of the compiled law has expired or otherwise ceased to have effect in accordance with a provision of the law, details are included in the endnotes.
Contents
1............ Name of Regulations........................................................................... 1
3............ Authority............................................................................................. 1
4............ Definitions.......................................................................................... 1
5............ Maximum weekly wage...................................................................... 1
Endnotes 4
Endnote 1—About the endnotes 4
Endnote 2—Abbreviation key 6
Endnote 3—Legislation history 7
Endnote 4—Amendment history 8
Endnote 5—Uncommenced amendments [none] 9
Endnote 6—Modifications [none] 9
Endnote 7—Misdescribed amendments [none] 9
Endnote 8—Miscellaneous [none] 9
1 Name of Regulations
This regulation is the Fair Entitlements Guarantee (Indexation of Maximum Weekly Wage) Regulation 2013.
3 Authority
This regulation is made under the Fair Entitlements Guarantee Act 2012.
4 Definitions
In this regulation:
Act means the Fair Entitlements Guarantee Act 2012.
5 Maximum weekly wage
(1) For paragraph (b) of the definition of maximum weekly wage in section 5 of the Act, this section sets out the manner of indexing the amounts specified in that definition.
(2) The maximum weekly wage for the period starting on 1 August 2013 and ending at the end of 30 June 2014 is worked out using the following steps.
| Steps | |
| Step 1 | Identify the last assessment of current average weekly ordinary time earnings published by the Australian Statistician before 1 August 2013. Note: This is the most recently published amount of the average weekly ordinary time earnings, seasonally adjusted, for full‑time adult employees of all employers in Australia. |
| Step 2 | Divide it by the last assessment of current average weekly ordinary time earnings published by the Australian Statistician before 1 July of the previous year. Note: This is the most recently published amount of the average weekly ordinary time earnings, seasonally adjusted, for full‑time adult employees of all employers in Australia. |
| Step 3 | Round the result to 3 decimal places. If the fourth decimal place is 5 or above, round it up. If the rounded result is less than 1, the rounded result becomes 1. Multiply $2,364.00 by the rounded result. If the result includes a number of cents, round the result to the nearest dollar. Round up an amount of 50 cents. The result is the maximum weekly wage for the period starting on 1 August 2013 and ending at the end of 30 June 2014. |
(3) The maximum weekly wage for the years starting on 1 July 2014, 1 July 2015, 1 July 2016 and 1 July 2017 is the maximum weekly wage for the period starting on 1 August 2013 and ending at the end of 30 June 2014.
(4) The maximum weekly wage for a year starting on 1 July 2018, or a later year starting on 1 July, is the maximum weekly wage for the previous year, indexed using the following steps.
| Steps | |
| Step 1 | Identify the last assessment of current average weekly ordinary time earnings published by the Australian Statistician before 1 July of the year for which the calculation is being made. Note: This is the most recently published amount of the average weekly ordinary time earnings, seasonally adjusted, for full‑time adult employees of all employers in Australia. |
| Step 2 | Divide it by the last assessment of current average weekly ordinary time earnings published by the Australian Statistician before 1 July of the previous year. Note: This is the most recently published amount of the average weekly ordinary time earnings, seasonally adjusted, for full‑time adult employees of all employers in Australia. |
| Step 3 | Round the result to 3 decimal places. If the fourth decimal place is 5 or above, round it up. If the rounded result is less than 1, the rounded result becomes 1. Multiply the maximum weekly wage for the previous year by the rounded result. If the result includes a number of cents, round the result to the nearest dollar. Round up an amount of 50 cents. The result is the maximum weekly wage for the year starting on 1 July for which the calculation is being made. |
Endnotes
Endnote 1—About the endnotes
The endnotes provide details of the history of this legislation and its provisions. The following endnotes are included in each compilation:
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history
Endnote 5—Uncommenced amendments
Endnote 6—Modifications
Endnote 7—Misdescribed amendments
Endnote 8—Miscellaneous
If there is no information under a particular endnote, the word “none” will appear in square brackets after the endnote heading.
Abbreviation key—Endnote 2
The abbreviation key in this endnote sets out abbreviations that may be used in the endnotes.
Legislation history and amendment history—Endnotes 3 and 4
Amending laws are annotated in the legislation history and amendment history.
The legislation history in endnote 3 provides information about each law that has amended the compiled law. The information includes commencement information for amending laws and details of application, saving or transitional provisions that are not included in this compilation.
The amendment history in endnote 4 provides information about amendments at the provision level. It also includes information about any provisions that have expired or otherwise ceased to have effect in accordance with a provision of the compiled law.
Uncommenced amendments—Endnote 5
The effect of uncommenced amendments is not reflected in the text of the compiled law but the text of the amendments is included in endnote 5.
Modifications—Endnote 6
If the compiled law is affected by a modification that is in force, details of the modification are included in endnote 6.
Misdescribed amendments—Endnote 7
An amendment is a misdescribed amendment if the effect of the amendment cannot be incorporated into the text of the compilation. Any misdescribed amendment is included in endnote 7.
Miscellaneous—Endnote 8
Endnote 8 includes any additional information that may be helpful for a reader of the compilation.
Endnote 2—Abbreviation key
| ad = added or inserted | pres = present |
| am = amended | prev = previous |
| c = clause(s) | (prev) = previously |
| Ch = Chapter(s) | Pt = Part(s) |
| def = definition(s) | r = regulation(s)/rule(s) |
| Dict = Dictionary | Reg = Regulation/Regulations |
| disallowed = disallowed by Parliament | reloc = relocated |
| Div = Division(s) | renum = renumbered |
| exp = expired or ceased to have effect | rep = repealed |
| hdg = heading(s) | rs = repealed and substituted |
| LI = Legislative Instrument | s = section(s) |
| LIA = Legislative Instruments Act 2003 | Sch = Schedule(s) |
| mod = modified/modification | Sdiv = Subdivision(s) |
| No = Number(s) | SLI = Select Legislative Instrument |
| o = order(s) | SR = Statutory Rules |
| Ord = Ordinance | Sub‑Ch = Sub‑Chapter(s) |
| orig = original | SubPt = Subpart(s) |
| par = paragraph(s)/subparagraph(s)
/sub‑subparagraph(s) | |
Endnote 3—Legislation history
| Number and year | FRLI registration | Commencement | Application, saving and transitional provisions |
| 182, 2013 | 26 July 2013 (see F2013L01439) | 27 July 2013 | |
| 58, 2013 | 30 May 2014 (see F2014L00633) | 31 May 2014 | — |
Endnote 4—Amendment history
| Provision affected | How affected |
| s 2........................................ | rep LIA s 48D |
| s 5........................................ | am No 58, 2014 |
Endnote 5—Uncommenced amendments [none]
Endnote 6—Modifications [none]
Endnote 7—Misdescribed amendments [none]
Endnote 8—Miscellaneous [none]