Fractional amounts in the calculation of periodic compensation paymentsE+W+S
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Memorandwm Esboniadol
14. Where periodic compensation paid by the Board in accordance with regulation 13 would, but for this regulation, include a fraction of a penny, that fraction shall be rounded—
(a)up to the nearest penny if the fractional amount is 0.5 or more; or
(b)down to the nearest penny if the fractional amount is less than 0.5.