Cashing Out of Untaken Annual Leave Sample Clauses

Cashing Out of Untaken Annual Leave. A Category A School Officer or School Services Officer is entitled to forgo an entitlement to take an amount of annual leave credited to the employee by an employer provided: 7.10.1 the employee gives the employer a written election to forgo the amount of annual leave; and 7.10.2 employee shall be entitled to receive pay in lieu of the amount of annual leave at a rate that is no less than the rate that, at the time the election is made, is the employee's basic periodic rate of pay (expressed as an hourly rate); and 7.10.3 the employer authorises the employee to forgo the amount of annual leave and this authorisation and election is recorded on the Employee‟s record. Note: If, under this paragraph, an employee forgoes an entitlement to take an amount of annual leave, the employee's employer may deduct that amount from the amount of accrued annual leave credited to the employee.