Subject to the following provisions of this section, in this Part "the effective date of termination"—
in relation to an employee whose contract of employment is terminated by notice, whether given by his employer or by the employee, means the date on which the notice expires,
in relation to an employee whose contract of employment is terminated without notice, means the date on which the termination takes effect, and
in relation to an employee who is employed under a limited-term contract which terminates by virtue of the limiting event without being renewed under the same contract, means the date on which the termination takes effect.
Where—
the contract of employment is terminated by the employer, and
the notice required by section 86 to be given by an employer would, if duly given on the material date, expire on a date later than the effective date of termination (as defined by subsection (1)),
for the purposes of sections 108(1), 119(1) and 227(3) the later date is the effective date of termination.
In subsection (2)(b) "the material date" means—
the date when notice of termination was given by the employer, or
where no notice was given, the date when the contract of employment was terminated by the employer.
Where—
the contract of employment is terminated by the employee,
the material date does not fall during a period of notice given by the employer to terminate that contract, and
had the contract been terminated not by the employee but by notice given on the material date by the employer, that notice would have been required by section 86 to expire on a date later than the effective date of termination (as defined by subsection (1)),
for the purposes of sections 108(1), 119(1) and 227(3) the later date is the effective date of termination.
In subsection (4) "the material date" means—
the date when notice of termination was given by the employee, or
where no notice was given, the date when the contract of employment was terminated by the employee.
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