OpenLegislation

Paragraph 7

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The amount of the lump sum or allowance to which a designated teacher is previously entitled shall be ascertained in the following manner:–

(a)

for the purposes of regulation 5(2), the amount is an amount equal to–

A×CD,

and

(b)

for the purposes of regulation 5(3), the amount is an amount equal to–

B×CD,

where–

  • A is the amount of the lump sum first referred to in paragraph 6;

  • B is the annual rate of the allowance which is payable in respect of a period beginning after the material date;

  • C is the period of service referred to in paragraph 6(b), expressed in years and fractions of a year; and

  • D is the period of service which the employer took into account for the purpose of granting him the lump sum or allowance first referred to in paragraph 6, expressed in years and fractions of a year.