PAID PARENTAL LEAVE ACT 2010 - SECT 44 Rounding off indexed amounts

PAID PARENTAL LEAVE ACT 2010 - SECT 44

  (1)   If a provisional indexed amount is a multiple of $1.00, the provisional indexed amount becomes the indexed amount.

  (2)   If a provisional indexed amount is not a multiple of $1.00, the indexed amount is the provisional indexed amount rounded up or down to the nearest multiple of $1.00.

  (3)   If a provisional indexed amount is not a multiple of $1.00 but is a multiple of $0.50, the indexed amount is the provisional indexed amount rounded up to the nearest multiple of $1.00.