Microsoft Word - APAM-2 4.1.doc

(Marcin) #1

4.12 A housing allowance of 15% of employee‘s basic salary will be paid to those employ-
ees who are not accommodated in company housing.


5.0 PENALTY


Anyone who will not observe these conditions will be liable for disciplinary penalties in accor-
dance with company disciplinary procedure.


6.0 EFFECTIVE DATE


This procedure shall come into effect on this day of 1st January 2007


APPROVED BY:


SIGNATURE ----------------------- DATE ---------
MANAGING DIRECTOR TTPL


SIGNATURE ------------------------ DATE ---------
MANAGING DIRECTOR TLTC

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