Calculation of Allowances. The Allowances set out in Table 3 and for Directors in Table 4 of Schedule 1 are annual allowances. The weekly amount of the allowance shall be ascertained by dividing the annual allowance by 52 1/7, fortnightly allowances shall be ascertained by multiplying the weekly allowance by two and monthly allowance shall be ascertained by dividing the annual allowance by 12.
Appears in 11 contracts
Samples: Multi Enterprise Agreement, Multi Enterprise Agreement, Multi Enterprise Agreement
