| (a) | in paragraphs 1, 2, 3 and 15, replace “1 January 2023” with “1 September 2023”; |
| (b) | in paragraph 1(i), in column (1), replace “$2,220” with “37% of the Ordinary Wage Ceiling”; |
| (c) | in paragraph 1(i), in column (2), replace “$1,200” with “20% of the Ordinary Wage Ceiling”; |
| (d) | in paragraph 1(i), in column (3), replace “$1,770” with “29.5% of the Ordinary Wage Ceiling”; |
| (e) | in paragraph 1(i), in column (4), replace “$900” with “15% of the Ordinary Wage Ceiling”; |
| (f) | in paragraph 1(ii), in column (1), replace “$1,230” with “20.5% of the Ordinary Wage Ceiling”; |
| (g) | in paragraph 1(ii), in column (2), replace “$570” with “9.5% of the Ordinary Wage Ceiling”; |
| (h) | in paragraph 1(ii), in column (3), replace “$930” with “15.5% of the Ordinary Wage Ceiling”; |
| (i) | in paragraph 1(ii), in column (4), replace “$420” with “7% of the Ordinary Wage Ceiling”; |
| (j) | in paragraph 1(iii), in column (1), replace “$750” with “12.5% of the Ordinary Wage Ceiling”; |
| (k) | in paragraph 1(iii), in column (2), replace “$300” with “5% of the Ordinary Wage Ceiling”; |
| (l) | in paragraph 2(i), in column (1), replace “$1,320” with “22% of the Ordinary Wage Ceiling”; |
| (m) | in paragraph 2(i), in columns (2) and (4), replace “$300” with “5% of the Ordinary Wage Ceiling”; |
| (n) | in paragraph 2(i), in column (3), replace “$1,170” with “19.5% of the Ordinary Wage Ceiling”; |
| (o) | in paragraph 2(ii), in column (1), replace “$960” with “16% of the Ordinary Wage Ceiling”; |
| (p) | in paragraph 2(ii), in columns (2) and (4), replace “$300” with “5% of the Ordinary Wage Ceiling”; |
| (q) | in paragraph 2(ii), in column (3), replace “$810” with “13.5% of the Ordinary Wage Ceiling”; |
| (r) | in paragraph 2(iii), in column (1), replace “$750” with “12.5% of the Ordinary Wage Ceiling”; |
| (s) | in paragraph 2(iii), in column (2), replace “$300” with “5% of the Ordinary Wage Ceiling”; |
| (t) | in paragraph 3(i), in column (1), replace “$1,920” with “32% of the Ordinary Wage Ceiling”; |
| (u) | in paragraph 3(i), in column (2), replace “$900” with “15% of the Ordinary Wage Ceiling”; |
| (v) | in paragraph 3(i), in column (3), replace “$1,620” with “27% of the Ordinary Wage Ceiling”; |
| (w) | in paragraph 3(i), in column (4), replace “$750” with “12.5% of the Ordinary Wage Ceiling”; |
| (x) | in paragraph 3(ii), in column (1), replace “$1,110” with “18.5% of the Ordinary Wage Ceiling”; |
| (y) | in paragraph 3(ii), in column (2), replace “$450” with “7.5% of the Ordinary Wage Ceiling”; |
| (z) | in paragraph 3(ii), in column (3), replace “$810” with “13.5% of the Ordinary Wage Ceiling”; |
| (za) | in paragraph 3(ii), in column (4), replace “$300” with “5% of the Ordinary Wage Ceiling”; |
| (zb) | in paragraph 3(iii), in column (1), replace “$750” with “12.5% of the Ordinary Wage Ceiling”; |
| (zc) | in paragraph 3(iii), in column (2), replace “$300” with “5% of the Ordinary Wage Ceiling”; |
| (zd) | in paragraphs 4 and 5, replace “1 January 2016” with “1 September 2023”; |
| (ze) | in paragraph 4(i), in columns (1) and (3), replace “$540” with “9% of the Ordinary Wage Ceiling”; |
| (zf) | in paragraph 4(i), in columns (2) and (4), replace “$300” with “5% of the Ordinary Wage Ceiling”; |
| (zg) | in paragraph 4(ii), in columns (1) and (3), replace “$510” with “8.5% of the Ordinary Wage Ceiling”; |
| (zh) | in paragraph 4(ii), in columns (2) and (4), replace “$300” with “5% of the Ordinary Wage Ceiling”; |
| (zi) | in paragraph 5(i), in column (1), replace “$1,440” with “24% of the Ordinary Wage Ceiling”; |
| (zj) | in paragraph 5(i), in column (2), replace “$900” with “15% of the Ordinary Wage Ceiling”; |
| (zk) | in paragraph 5(i), in column (3), replace “$1,110” with “18.5% of the Ordinary Wage Ceiling”; |
| (zl) | in paragraph 5(i), in column (4), replace “$750” with “12.5% of the Ordinary Wage Ceiling”; |
| (zm) | in paragraph 5(ii), in column (1), replace “$660” with “11% of the Ordinary Wage Ceiling”; |
| (zn) | in paragraph 5(ii), in column (2), replace “$450” with “7.5% of the Ordinary Wage Ceiling”; |
| (zo) | in paragraph 5(ii), in column (3), replace “$510” with “8.5% of the Ordinary Wage Ceiling”; |
| (zp) | in paragraph 5(ii), in column (4), replace “$300” with “5% of the Ordinary Wage Ceiling”; |
| (zq) | replace paragraph 12 with —“12. In computing the amount of ordinary wages for the purposes of paragraphs 2 and 3 of the First Schedule to the Act —| (a) | for the year 2015, the amount of ordinary wages for each month which is in excess of $5,000 is to be disregarded; | | (b) | for the years 2016, 2017, 2018, 2019, 2020, 2021 and 2022, the amount of ordinary wages for each month which is in excess of $6,000 is to be disregarded; | | (c) | for the year 2023, the amount of ordinary wages —| (i) | for each month from January to August (both inclusive) which is in excess of $6,000 is to be disregarded; and | | (ii) | for each month from September to December (both inclusive) which is in excess of $6,300 is to be disregarded, and |
| | (d) | for the year 2024 and each subsequent year, the amount of ordinary wages for each month which is in excess of the Ordinary Wage Ceiling is to be disregarded.”; and |
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| (zr) | in paragraph 14, after paragraph (i), insert —| “(j) | “Ordinary Wage Ceiling” —| (i) | in respect of each month from September to December (both inclusive) in the year 2023, is $6,300; | | (ii) | in respect of each month in the year 2024, is $6,800; | | (iii) | in respect of each month in the year 2025, is $7,400; and | | (iv) | in respect of each month in the year 2026 and every subsequent year, is $8,000;”. |
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