Payment of salary shall be on the basis of twenty-four (24) approximately equal payments from September to August, said payments to be made respectively on the last banking day on or before the 15 day of the month and the end of the month. The payment shall be made by direct deposit.
Where a teacher leaves the employ of the Division during the course of the school year, the final salary payment shall be so adjusted that the teacher shall receive, for the part of the year taught, such fraction of the salary for the whole year as the number of days taught is of the number of school days in the current school year.