Common use of MOTOR VEHICLE EXPENSES XXX XXX WAKA Clause in Contracts

MOTOR VEHICLE EXPENSES XXX XXX WAKA. A motor vehicle allowance will normally only be paid for short local trips, where the hire of a rental car would be clearly inappropriate. Where the use of a private vehicle for official business has been approved, the employee will be paid a vehicle allowance in accordance with the rates determined annually by Inland Revenue except where the nominal cost of a rental car or the equivalent air fare would have been less (at current rates available to the employer and promulgated annually). Reimbursement will then be at the nominal rental car rate plus a fuel consumption allowance per km travelled or at the equivalent air fare, whichever is the lower. The fuel consumption allowance rate will be calculated annually based on current market rates.

Appears in 3 contracts

Samples: www.waikato.ac.nz, www.waikato.ac.nz, www.waikato.ac.nz

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MOTOR VEHICLE EXPENSES XXX XXX WAKA. A motor vehicle allowance will normally only be paid for short local trips, where the hire of a rental car would be clearly inappropriate. Where the use of a private vehicle for official business has been approved, the employee will be paid a vehicle allowance in accordance with the rates determined annually by Inland Revenue except where the nominal cost of a rental car or the equivalent air fare would have been less (at current rates available to the employer and promulgated annually). Reimbursement will then be at the nominal rental car rate plus a fuel consumption allowance per km travelled or at the equivalent air fare, whichever is the lower. The fuel consumption allowance rate will be calculated annually based on current market rates.

Appears in 3 contracts

Samples: www.waikato.ac.nz, Employment Agreement, www.waikato.ac.nz

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