Northern Territory Numbered Acts Northern Territory Numbered Acts(1) An industry board must, in respect of each financial year, fix an amount that constitutes the defined weekly payment benchmark that applies in its designated sector during that year.
(2) A defined weekly payment benchmark:
(a) must be based on the median weekly rate of pay for employees in the relevant designated sector determined by the industry board on the advice of the board's actuary appointed under section 69 ; and
(b) must be fixed before the beginning of the financial year to which it relates.
(3) An industry board must ensure that a defined weekly payment benchmark fixed by the board is published on the Agency's website.