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TRANSPORT OPERATIONS (PASSENGER TRANSPORT) ACT 1994 - SECT 45
Conditions of service contracts
45 Conditions of service contracts
(1) A service contract is subject to conditions agreed by the parties.
(2) A
service contract may provide for payment, by the holder, of an amount to the
chief executive for a breach of a key performance indicator.
(3) The payment
can not be more than the equivalent of 40 penalty units.
(4) The payment is
payable on demand by the chief executive and may be recovered as a debt
payable to the chief executive.
(5) This section does not limit section 47 or
the chief executive’s right to damages for a breach of service contract,
including damages arising out of a breach of a key performance indicator.
(6)
In this section—
"key performance indicator" , for a service contract, means a term of the
service contract identified in the contract as a key performance indicator.
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