Changes to Staff Parking Charges from 1 July 2015 Sample Clauses

Changes to Staff Parking Charges from 1 July 2015. Unless the Agreed Parking Charges are varied in accordance with Clause 21.2(c) (Parking Charges) of this Agreement, the daily Staff Parking Charge (identified in Section 3.1) will be adjusted on each Staff CPI Adjustment Date commencing 1 July 2015 to an amount being the greater of the daily Staff Parking Charge applicable immediately prior to the relevant Staff CPI Adjustment Date and the amount represented by A where: B  C A = where: B $7.50; C means the CPI last published prior to the relevant Staff CPI Adjustment Date; and D means the CPI for the Quarter ending 31 March 2014. The revised daily Staff Parking Charge so determined will be rounded to the nearest 10 cents and prorated for each hour (or part thereof) for lengths of stay less than 7 hours. Each hour will be priced at one seventh of the daily Staff Parking Charge. The pro-rated amounts will be rounded to the nearest cent. In calculating the revised amounts, stays of 0-15mins are assumed to be free.
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Related to Changes to Staff Parking Charges from 1 July 2015

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