Common use of Existing Benefits Clause in Contracts

Existing Benefits. 36.1 The Bank shall not remove any existing benefits being currently received daily or monthly in cash or in kind by the Officers which are not covered under the present terms of this Agreement, except that: a) benefits given in kind for a specific reason, as and when such reason ceases to exist, shall stop being given. b) allowances paid for the doing of a specific task, as and when such task ceases to be performed by the officers concerned shall cease to be paid. 36.2 PROVIDED THAT if it is a benefit given on a personal-to-holder basis, such benefits shall cease upon the holder leaving office; and PROVIDED FURTHER THAT if it is a subject matter in respect of which there are already provisions in this Collective Agreement, benefits of payment shall cease upon the coming into force of this Collective Agreement.

Appears in 1 contract

Samples: Collective Agreement

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Existing Benefits. 36.1 31.1 The Bank shall not remove any existing benefits being currently received daily or monthly in cash or in kind by the Officers their Officer which are not covered under the present terms of this Agreement, Collective Agreement except thatthat :­ a) benefits given in kind for a specific reason, as and when such reason ceases to exist, shall stop being given.; b) allowances paid for the doing of a specific task, as and when such task ceases to be performed by the officers concerned Officer or classes of Officers concerned, shall cease to be paid. 36.2 PROVIDED THAT . Provided that if it is a benefit given on a personal-to-holder basis, such benefits benefit shall cease upon the holder leaving office; and PROVIDED FURTHER THAT . And provided further that if it is a subject matter in respect of which there are already provisions in this Collective Agreement, benefits of payment such benefit or payments shall cease upon the coming into force of this Collective Agreement.

Appears in 1 contract

Samples: Memorandum of Agreement

Existing Benefits. 36.1 31.1 The Bank shall not remove any existing benefits being currently received daily or monthly in cash or in kind by the Officers their Officer which are not covered under the present terms of this Agreement, Collective Agreement except thatthat :- aa ) benefits given in kind for a specific reason, as and when such reason ceases to exist, shall stop being given.; bb ) allowances paid for the doing of a specific task, as and when such task ceases to be performed by the officers concerned Officer or classes of Officers concerned, shall cease to be paid. 36.2 PROVIDED THAT . Provided that if it is a benefit given on a personal-to-holder basis, such benefits benefit shall cease upon the holder leaving office; and PROVIDED FURTHER THAT . And provided further that if it is a subject matter in respect of which there are already provisions in this Collective Agreement, benefits of payment such benefit or payments shall cease upon the coming into force of this Collective Agreement.

Appears in 1 contract

Samples: Memorandum of Agreement

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Existing Benefits. 36.1 31.1 The Bank shall not remove any existing benefits being currently received daily or monthly in cash or in kind by the Officers their Officer which are not covered under the present terms of this Agreement, Collective Agreement except thatthat : a) benefits given in kind for a specific reason, as and when such reason ceases to exist, shall stop being given.; b) allowances paid for the doing of a specific task, as and when such task ceases to be performed by the officers concerned Officer or classes of Officers concerned, shall cease to be paid. 36.2 PROVIDED THAT . Provided that if it is a benefit given on a personal-to-holder basis, such benefits benefit shall cease upon the holder leaving office; and PROVIDED FURTHER THAT . And provided further that if it is a subject matter in respect of which there are already provisions in this Collective Agreement, benefits of payment such benefit or payments shall cease upon the coming into force of this Collective Agreement.

Appears in 1 contract

Samples: Memorandum of Agreement

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