Northern Territory Numbered Acts Northern Territory Numbered Acts(1) The industry board for a designated sector is responsible for making a payment to an employee in the sector:
(a) for long service leave taken by the employee under this Act; or
(b) in lieu of the employee taking long service leave.
(2) The amount of the payment is calculated using the following formula:
A = NW x DWPB x EEP
where:
A is the amount payable.
NW is the number of weeks of long service leave that is relevant to the payment (expressed in weeks to one decimal place rounded, if necessary, in accordance with the regulations).
DWPB is the defined weekly payment benchmark at the relevant date.
EEP is the employee's employment percentage at the end of the relevant period.
(3) For subsection (2), the relevant period ends at the end of the last completed year of service before the relevant date.
(4) An application for a payment under this section must:
(a) be made by the employee to the relevant industry board in the approved form; and
(b) include, or be accompanied by, any information required by the approved form.
(5) The relevant industry board must give the applicant written notice in accordance with the regulations of its decision refusing payment or making payment of a particular amount under this section.