Judgment No. 538
Decision
1. THE AMOUNT TO BE PAID TO THE COMPLAINANT SHALL BE CONVERTED FROM UNITED STATES DOLLARS INTO FRENCH FRANCS AT THE RATE PREVAILING AT THE DATE AT WHICH EACH MONTHLY PAYMENT WOULD HAVE FALLEN DUE.
2. THE ORGANIZATION SHALL PAY HIM 3,000 FRENCH FRANCS AS COSTS.
3. THE OTHER CLAIMS ARE DISMISSED.
Consideration 3
Extract:
"The complainant is entitled under Judgment No 359 to payment of compensation amounting to one year's salary. He was paid by the month, not at the end of the year. To place him in the position the Tribunal intended, the sum due should therefore be calculated monthly [...]. The complainant is therefore right to ask to have the sums converted at the rates prevailing at the dates at which each monthly payment would have fallen due, not at the date when the full payment is made."
Reference(s)
Jugement(s) TAOIT: 359
Keywords
application for interpretation; reckoning; salary; exchange rate
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