(1) Any debts due by an employee to his or her employer on account of advances on wages, shall be paid off during the period of the employee's contract of employment with that employer by mutual agreement and all repayments of advances shall commence from the first payment of wages made to the employee in respect of a completed pay period after such advance was made; but no repayment shall be made for travelling expenses related to the employee's job requirement.
(2) The proportion of wages earned that may be deducted for the repayment of such advances or excess payments of wages in any pay period shall be no greater than the total deductions permitted under section 53.