xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"

PART 4E+W+SPPF compensation administration

Fractional amounts in the calculation of periodic compensation paymentsE+W+S

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.