Article 7 Redundancy reckonable service: supplementalI1

United Kingdom

(1)

In this Part references to periods of “redundancy reckonable service” are to calculated in accordance with paragraphs (2) to (4).

(2)

Periods of redundancy reckonable service are to be calculated in complete years and days and, where it is necessary to aggregate such periods, the aggregation is to be done—

(a)

by reference to periods so expressed; and

(b)

on the assumption that there are 365 days in a complete year.

(3)

To determine years of redundancy reckonable service the days in excess of the period of whole years are converted into years by dividing the number of days by 365 and calculating the result to four decimal places.

(4)

If a period of redundancy reckonable service is less than one year—

(a)

paragraph (2) applies with the omission of the words “complete years and”; and

(b)

paragraph (3) applies with the omission of the words “in excess of the period of whole years”.

Annotations

Commencement

I1: Art. 7 in force at 6.4.2010, see art. 1(2)