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Officers on dollar salaries who entered the service
before 1st July, 1897, receive leave pay at 4/- and pension at 3/8. Officers who entered thereafter receive 3/- in respect of both leave pay and pension.
The rate of exchange for payment of Sterling salaries .'
is the average HongKong demand rate from the 15th of the preceding month to the 15th of the month for which salary is to be paid. In fixing the rate no fraction less than a farthing will be regarded.
Officers who are allowed the privilege of occupying
Government quarters have no personal claim to such quarters nor will they be allowed after their next promotion or on acceptance of Sterling salary to count the value of such quarters for pension purposes. No officer appointed on an original Sterling salary will be allowed to count the value of free quarters for pension purposes.
Officers at present serving under agreements have the
option of coming under the Sterling Scheme and will be required to accept Sterling salaries on re-engage- ment.
The object of the Sterling salary scheme being to obviate
in future all questions of domicile and exchange com- pensation, no grant of the latter can be made in respect of any new appointment on a dollar salary.
A non pensionable addition of 25% is made to the salaries of those officers in the Sterling salary scheme who having been appointed prior to 1st August 1901 do not elect to come under the scheme and are not entitled to exchange compensation.
Such addition is a purely local allowance and cannot be
drawn by officers on leave.
Officers on dollar salaries holding posts not included in
the Sterling salary scheme when acting in a Sterling post draw half their own pay and half the initial salary of the Sterling post. Similarly when acting in a post the incumbent of which enjoys a local allowance, half such local allowance will be drawn by the acting officer.
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