1.1.M.30 Minimum amount of PPL funding amount
Definition
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 by the person's employer on the next payday after the PPL funding amount is paid to the employer, and
- that do not relate to days for which the employer has already been paid a PPL funding amount.