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Transitional termination payment

Last updated 31 May 2012

A transitional termination payment is a payment to which 'transitional arrangements' apply. Transitional arrangements apply to an ETP:

  • made to you on or after 1 July 2007 and before 1 July 2012, and
  • to which you were entitled on 9 May 2006 under
    • a written contract
    • an Australian or foreign law (or an instrument under such a law), or
    • a workplace agreement under the Fair Work (Transitional Provisions and Consequential Amendments) Act 2009.
     

The contract, law or agreement must specify the amount of the payment or a way to work out the specific amount of the payment.

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