No you don't.

You get paid some money, you don't get paid your normal salary. Is basically only an advantage if you work at McDonald's, If you're lucky your work will let you take it as holiday and still pay you themselves, but I don't think they're under any requirement to.

"Paid time off work" =/= time off work at your normal pay. There is a very significant drop in income for most people, down to £70 per day, which is £10 an hour if you work 9-5 with a 1 hour lunch or £7 an hour if you normally work 10 hour days. That last one is less than the under 18 minimum wage.