If you are a party to a signed company agreement, you must apply for a SAET authorization within 21 days for SAET to approve it. After approval, the agreement will enter into force. Saet`s mission is to approve the agreement if it meets certain requirements of the Fair Work Act 1994. A party to a company agreement may submit an application for authorisation, registration or amendment to SAET. A company agreement shall lay down the conditions of employment of the workers covered by the agreement. It is negotiated as part of a public procurement security network to help employers and workers define employment conditions that support their needs. In accordance with our Flexible Working Directive – 48/52, you may also be allowed to acquire additional annual leave by reducing your salary from the nominated weeks and then cancelling that salary throughout the year.