• Transitional termination payment

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    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    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.

      Last modified: 01 Jun 2012QC 25766