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Management Statement & Financial Memorandum (MSFM) (October 2019)
Key Governance Documents
This Management Statement and Financial Memorandum (MSFM) has been drawn up by the Department for the Economy, sponsor Department, in consultation with the Labour Relations Agency. The document is based on a model prepared by the Department of Finance (‘DoF').
Holidays and Leave
Employees and workers are entitled to various types of leave depending on their circumstances and the length of time they have been employed.
Deductions
This section covers deduction from pay for employers and employees.