International Financial Services Centres Authority (Employees' Service) Regulations, 2020 Chapter II APPOINTMENTS, PROBATION AND TERMINATION OF SERVICE
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Probation terms prescribe appointment and promotion periods, permit variation, condition confirmation, and allow discharge or reversion for unsatisfactory performance. Probation lasts two years for direct appointees and one year for promoted employees. The Chairperson may extend probation for up to one year because of ... Summary
International Financial Services Centres Authority (Employees' Service) Regulations, 2020
Probation terms prescribe appointment and promotion periods, permit variation, condition confirmation, and allow discharge or reversion for unsatisfactory performance.
Probation lasts two years for direct appointees and one year for promoted employees. The Chairperson may extend probation for up to one year because of unsatisfactory performance, or reduce or waive it for recorded reasons. Confirmation after successful probation remains subject to the Departmental Promotion Committee procedure. A probationer may be discharged on prescribed notice or pay in lieu, while an internally selected employee may be reverted to the previous grade without notice or pay in lieu for unsatisfactory performance.
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