48. (1) When specifying, in regulations made under section 47(2)(e), a minimum amount of remuneration for an employment or a category of employment, the Minister may have regard to the amounts of remuneration paid in respect of different employments and categories of employment.

(2) Where, pursuant to regulations made under section 47(2)(g), the minimum number of hours of work that are required to be worked in each week for an employment as a condition for the grant of an employment permit in respect of it—

(a) is less than 39 hours in each week, the minimum annual remuneration specified in regulations under section 47(2)(e) in respect of that employment as a condition for the grant of an employment permit for that employment shall not be reduced in accordance with the lesser number of hours to be worked in each week, or

(b) is greater than 39 hours in each week, the minimum annual remuneration specified in regulations under section 47(2)(e) in respect of that employment as a condition for the grant of an employment permit for that employment shall be increased in proportion to the minimum hourly rate specified for the employment concerned in accordance with the number of hours, or any portion of an hour, that exceed, or exceeds, 39 hours.