New Zealand Acts

PARENTAL LEAVE AND EMPLOYMENT PROTECTION ACT 1987 - SECT 71R

71R Method of payment

1 A parental leave payment is payable in arrears on the days or dates in the month that the chief executive from time to time determines.

2 Every instalment of the payment must be paid into the New Zealand bank account specified by the applicant for the purpose unless the chief executive in any particular case otherwise determines.

3 For the purpose of the PAYE rules under the Income Tax Act 2007 , a pay period, in respect of an instalment of the payment, is the period for which the payment is made.

History: Section 71R: inserted, on 1 July 2002, by section 4(2) of the Parental Leave and Employment Protection (Paid Parental Leave) Amendment Act 2002 (2002 No 7).   Section 71R(3): amended, on 1 April 2008 (effective for 2008–09 income year and later income years, except when the context requires otherwise), pursuant to section ZA 1(1) of the Income Tax Act 2007 (2007 No 97).