1.1.I.80 Instalment, instalment period
Definition: instalment
For the purposes of the PPL scheme, instalment means an instalment of PLP.
Act reference: PPLAct section 6 The Dictionary
Definition: instalment period
If an instalment period is to be paid by an employer and there is a regular period for which the person is usually paid in relation to their performance of work, then the person's instalment period is that regular period and the payday for the instalment is the day on which the person is usually paid.
A payday could be before, during or after the instalment period to which the instalment relates, depending on when the employer would usually pay the person for their work.
If there is not a regular pay period, then the instalment period is each calendar month and the payday for the instalment is the first day after the end of the relevant calendar month.
If an instalment is to be paid by Centrelink (1.1.C.20), then the person's instalment period is the period of 14 days starting on the day Centrelink considers appropriate and each successive 14-day period, and the payday is a day after the end of the instalment period considered appropriate by Centrelink.
Sections 93 and 94 affect when an instalment period begins and ends in circumstances where Centrelink takes over payment of an instalment.
Act reference: PPLAct section 64 A person's instalment period and the payday for an instalment, section 93 Effect on instalment periods of employer determination coming into force after review, section 94 Effect on instalment periods of revocation etc.
Policy reference: PPL Guide 4.3 Instalments of PLP, 4.3.6 Payment of instalments of PLP by Centrelink, 1.1.E.50 Employer