In Victoria, long service leave accrues at 0.87 weeks per year of continuous service, reaching 6.0667 weeks after 7 years — the point at which the leave can actually be taken.
Payable after 7 years when employment ends for any reason — including resignation. Victoria has no 10-year wait: leave can be taken and is paid out from 7 years.
Leave is paid at your ordinary rate for ordinary hours — overtime and most allowances are excluded. Continuous service survives approved leave and, in most circumstances, the sale of the business to a new owner. Awards, enterprise agreements and portable industry schemes can set different terms that override the Act.