1: The Education Authority agrees to contribute the equivalent of one and one-half percent (1.5%) of the teacher’s salaries into a Professional Development Fund for the sole purpose of the professional development of teachers. The Professional Development Committee shall administer the fund.
2: Each teacher will be advanced one (1) day's paid leave by the Education Authority for each day of professional development as funded by the Professional Development Fund, to a maximum of two (2) per school year.
3: The Professional Development Committee in consultation with the Director of Education shall have the ultimate responsibility and decision making authority in the administration of the professional development fund. All teachers must obtain the written permission of the Education Authority for any paid leave to be taken during regular teaching days.
4: The Treasurer of the Professional Development Committee shall, in accordance with current Education Authority Policy, provide an Annual Financial Report to the Education Authority before June 30th of the school year. Failure to comply will result in the delay of dues being transferred for the next school year.