Industrial Conciliation and Arbitration Act 1894. Current minimum wage law is described in the Minimum Wage Act 1983. The Minimum Wage (New Entrants) Amendment Act 2007 provided that the rates for 16- to 17-year-olds and those in training cannot be lower than 80% of the adult rate. Application of gendered wage rates From 1 April 1946 to 31 March 1977, there were separate minimum wage rates for men and women in New Zealand. From 1 April 1977, New Zealand abolished these gendered minimum wages, instead having one minimum wage for all adults. Application of youth and adult rates From 5 March 2001, the minimum youth rate (now known as the Starting Out rate) applied only to workers aged 16 or 17-years-old. From 31 March 1994 to 4 March 2001, the minimum youth rate applied to workers aged 16, 17, 18 or 19-years-old. Before 31 March 1994, there was no minimum wage for workers under the age of 20. As such, the adult minimum wage has applied to workers aged 18 and older since 5 March 2001. Before that, it applied to workers aged 20 and older. Current rates As at 1 April 2020, the current minimum wage rates in New Zealand are: Historical rates 1946 to 1967 Note: Until 10 July 1967, New Zealand's currency was the New Zealand pound, a non decimal currency denoted in pounds (£), shillings (s.) and pence (d.) 1967 to 1977 1977 to present Pakistan Monthly minimum wages in Pakistan are recommended by the Federal Government under nationally applicable Labour Policies and set by Provincial Minimum Wages Boards under the Minimum Wages Ordinance, 1961. Pakistan's first minimum wage was introduced in 1992 when it was set at PKR 1,500 (~US$45) per month. It was, subsequently, raised: in 1996 to PKR 1,650 (~US$45.83) per month in 1998 to PKR 1,950 (~US$40.12) per month in 2001 to PKR 2,500 (~US$ $40.90) per month in 2003 to PKR 3,000 (~US$ $54.15) per month in 2004 to PKR 4,000 (~US$ $69.32) per month in 2007 to PKR 4,600 (~US$ $75.78) per month in 2008 to PKR 6,000 (~US$ $85.42) per month in 2010 to PKR 7,000 (~US$ $83.83) per month in 2012 to PKR 8,000 (~US$ $86.39) per month in 2013 to PKR 10,000 (~US$ $102.56) per month in 2014 to PKR 12,000 (~US$ $124.10) per month (USD equivalents are calculated using the average annual exchange rate in the