Commonwealth Consolidated Acts Commonwealth Consolidated ActsThe basic amount for a person's payment in lieu of notice entitlement for his or her employment by an employer is so much of the entitlement as:
(a) is not a cost of the winding up or bankruptcy of the employer; and
(b) does not exceed 5 weeks' pay at the rate relevant to working out that entitlement.
Note: Sections 25 and 26 may affect the basic amount.