(i) A banking system shall be in place so that any teacher who is not allowed the 240 minutes of preparation time for each six day cycle due to operational requirements, shall be required to bank that time;
(ii) Under normal circumstances banked time shall be taken as soon as possible after being banked, as scheduled by the Education Authority at such convenient time as operations may allow; and
(iii) In the event that banked time cannot be taken by the end of the school year, such banked time shall be paid out at the applicable rate.