- 2 -
99
When exchange is at or over 2s.8d. and below 3s.
$11.50
When exchange is over 2s. 6d. and
below 2s. 8d.
$11.80
When exchange is at or below 2s. 6d.
$12.00
N.B.
The current rate of exchange in Hong Kong
Quarters Rent Allowances.
can be found in the chief Daily papers.
A monthly deduction of 4% is made as a
contribution towards Widows' and Orphans 'Pensions.
A Master whose services during his
initial three years' agreement have been
completely satisfactory will, subject to the
exigencies of the Service and a certificate of
medical fitness, on the expiration of that
period be placed on the permanent and pensionable
establishment, his service under agreement being
reckoned as continuous for pension.
When a Master is placed on the permanent
establishment he receives salary at the rate of £460 a year, rising by annual increments of £20
to £600 a year, and thereafter, subject to an
efficiency bar, at the rate of £625 a year, rising
by annual increments of £25 to £800 a year.
There are also several special higher
appointments on a scale of £850 to £1100.
Assistant Masters may undertake private
tuition subject to the permission of the Director
of Education.
The principal rules at present in force in regard to the occupation of Government quarters, and the grant of rent allowances are
as follows:-
(1) Free