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What is the difference between business of the authority and a formal meeting?

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What is the difference between business of the authority and a formal meeting?

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See Condition of Payment of Daily Fees section in the Part-time Offices Determination. Provided business of the authority has been defined by the chairperson, for payment purposes there is no difference between business of the authority and a formal meeting, provided that the business/meeting is of at least 3 hours duration on any one day. If business of the authority and a formal meeting fall on a single day, only one per diem fee is payable.

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