4.—(1) Unless the seaman’s employer or the master otherwise agrees, a seaman shall not allot more than one half of his wages.
(2) For the purposes of calculating the proportion of a seaman’s wages specified in paragraph (1) —
(a)
the wages of a seaman shall be taken to be his wages calculated at the rate stipulated in the agreement under which he is employed without any addition (including overtime payments) or deduction whatsoever; and
(b)
an allotment note issued under the law in force immediately before 2nd February 1996 shall be treated as if it had been issued under these Regulations.