Vice-Principals will be paid in addition to their scheduled salary, the following allowance:
a) Principals’ allowance x one-half (1/2) x per cent (%) of administrative assignment.
b) The administrative allowance for principals and vice-principals shall be maintained at the same level in the event the principal or vice-principal is transferred in the Division to a school with a lower administrative allowance designation, for a period of up to three (3) school years.