Document ID: chunk:federal_register_of_legislation:F2021L00720:clause:2_30
Version: federal_register_of_legislation:F2021L00720
Segment Type: clause
Provision Reference: sch 2 cl 30
Character Range: 50737–52361

30           Subsection 5.4.44A.2 (Payment to senior officer who transitioned for leave credit)
             Omit the subsection, substitute:
2.           The senior officer is to be paid an amount calculated using the following formula.

         1.  Where:
             A                                                                                                                                                                  is the sum of accrued leave credits and purchased recreation leave credits (in days) held by the senior officer at the end of their appointment, multiplied by the sum of the daily rate of salary and annual allowances that were payable to the senior officer on the last day of their appointment.
             B                                                                                                                                                                  is the amount of recreation leave credits (in days) accrued during the senior officer's transition period, multiplied by the sum of the daily rate of salary and annual allowances that were payable to the senior officer on their last day in the Permanent Forces.
             C                                                                                                                                                                  is the amount of accrued leave credits (in days) the senior officer used during their transition period, multiplied by the sum of the daily rate of salary and annual allowances that were payable to the senior officer immediately before becoming a senior officer who transitioned.