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Paragraph 118 The basic amount

Original text. Later amendments are not shown.

(Subject to the following provisions) the basic amount shall be calculated by:

(i)

determining the period, ending with the effective date of termination (see paragraph 119 below), during which the Employee has been continuously employed (see paragraph 120 below),

(ii)

reckoning backwards from the end of that period the number of years of employment falling within that period, and

(iii)

allowing the appropriate amount (see paragraph 121 below) for each of those years of employment.