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Advice and Instructions
Terms Credit in Months - Training Contract
Issued: 2 January 2001
For training contracts commenced on or after 1 January 2002, all terms and credit must be in years and months only. The Training Contract (TC) has no provision to show weeks the nominal term of training is shown in months.
Conversion of weeks For consistency the rules are:Periods less than 13 weeks are to be treated as follows:
- less than 2 weeks – No allowance
- more than 2 weeks and less than 6 weeks is 1 month
- more than 6 weeks and less than 11 weeks is 2 months
- more than 11 weeks and up to 13 weeks is 3 months
For periods greater than 13 weeks:
- Calculate each 13 week period as 3 months, the balance is then treated as above.
Examples:
| Period is 32 weeks |
| | = (2 x 13) + 6 weeks |
| | = 6 months + 1 month |
| Total allowed | = 7 months |
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| Period is 32 ½ weeks |
| | = (2 x 13) + 6 ½ weeks |
| | 6 months + 2 months |
| Total allowed | = 8 months |
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