| Restrictions | OK |
|---|---|
| Jurisdiction | Employment Relations Authority - Auckland |
| Reference No | AA 77A/06 |
| Hearing date | 9 Mar 2006 |
| Determination date | 20 March 2006 |
| Member | Y S Oldfield |
| Representation | CW Powell (in person), LS Gorringe (in person), MG Holm (in person), N Aldworth (in person) ; W Gordon, J Vincent |
| Location | Auckland |
| Parties | Powell and Ors v New Zealand Education Ltd |
| Summary | PRACTICE AND PROCEDURE - Supplementary determination - Authority had ordered payment of arrears of wages and holiday pay - Applicants sought interest on sums owed at the going rate" payable on credit card debt - Clause 11, Schedule 2 of the Employment Relations Act 2000 gave Authority discretion to award interest at rate not exceeding 90-bill rate, plus 2% - Given prevailing economic circumstances, appropriate to set interest at one percentage point higher than 90-day bill rate - Respondent ordered to pay interest on sums owing at 8.5% per annum - Interest did not apply to disbursements" |
| Result | Orders accordingly ; No order for costs |
| Statutes | ERA Second Schedule cl 11 |
| Number of Pages | 2 |
| PDF File Link: | aa 77a_06.pdf [pdf 8 KB] |