(1) Work for hours in excess of an ordinary work day or, where applicable, the 40 hour work week under section 29(2) shall be deemed to be overtime and an employer shall not require or authorize an employee to work overtime otherwise than under an agreement concluded between the employer and the employee.
(2) Subject to subsection (3) and (4), an employer shall pay to an employee who works overtime an amount calculated at a rate of not less than 1½ times the wage for each hour in respect of the overtime worked, or twice the wage for each hour in respect of the overtime worked on a Sunday, public holiday or, in respect of a shift worker, the worker's day off.
(3) An employer may, in lieu of overtime pay, grant to an employee employed as a shift-worker in a hospitality industry or in such other industry which requires continuous operation and where that employee has worked over his or her normal shift period because of an emergency or because of the absence of another worker scheduled to take over the shift, a period of rest in addition to that provided under section 28.
(4) An employer and an employee may mutually agree to time off in lieu of payment for overtime worked.