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Are there any transition rules around existing PD funds?

existing funds PD rules
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Are there any transition rules around existing PD funds?

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Funding Accumulated as at 30 April 2008 – To assist with the implementation of these guidelines, staff members will have a period of up to three (3) years to acquit moneys in Professional Development Funds as at 30 April 2008. Pre-30 April 2008 money remaining as at 30 April 2011 will be transferred out of a staff members Professional Development Fund and used for other purposes as determined by the Vice Chancellor and relevant Deputy Vice Chancellor/Pro Vice Chancellor/Executive Director as appropriate.

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