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Article 15 Salary advances and reimbursement

United Kingdom

Original text. Later amendments are not shown.

1.

Unless decided otherwise by the Director, the Institute's Head of Administration and Personnel may, depending on available cash resources, authorise interest-free advances to contract staff members who find themselves in unforeseen personal financial difficulties.

2.

The amount of this advance shall not exceed 3 months' net basic salary.

3.

Such advances shall be repaid by monthly deductions from staff members' remuneration; repayment of the advances must be completed within 12 months of the end of the month in which the advance was granted.