Rate of Recovery

 

1)      The rate of recovery from the salary or wage of an officer or employee must not be less than 5% of their net salary or wage (that is, gross after tax) or $50.00, whichever is the lower.

 

2)      Any surcharge recovery shall be made in full within five years from the date of the surcharge or for a longer period as approved by the Chief Executive Officer, Finance. 

 

3)      The rate of recovery of surcharge may be varied at the discretion of the surcharge appeal authority, on a written submission by the surcharged officer.

 

(Financial Instructions 2005 s(76))