Hi Liam, we must be looking at different things. From the paper copy that I have (which is obviously old) this what I was referring to. I will download the one from IntraCX later.
10 BYPASS PAY
10.2 In any case of retention of Captains beyond the Retirement Age, the next most senior Second Officer suitable for promotion will receive First Officer Bypass Pay in the form of Junior First Officer’s Salary, allowances and benefits on a one for one basis commencing upon the date that the retained Captain reaches the Retirement Age. The payment of First Officer Bypass Pay will cease when the retained Captain retires.