PART 4PPF compensation administration
Fractional amounts in the calculation of periodic compensation payments14
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.