1.1.M.30 Minimum amount of PPL funding amount


A PPL funding amount must not be less than the minimum amount. The minimum amount is the sum of:

  • the amounts of instalments that will have become payable to the person on the next payday after the PPL funding amount is paid to the employer, and
  • that do not relate to days in the person's PPL period for which the employer has already been paid a PPL funding amount.

Act reference: PPLAct section 6 The Dictionary, section 76 Rules affecting the amount of a PPL funding amount

Policy reference: PPL Guide 4.3.4 PPL Funding Amounts, 1.1.P.180 PPL funding amount

Last reviewed: 8 May 2017