; or (II) would reach the premium pay cap under section 5547 if assigned a level 1 border patrol rate of pay. (v) Application frequency The 10 percent limit under clause (i) or an alternative percentage limit under a waiver under clause (ii) shall be applied at the beginning of the first pay period beginning on or after January 1 of each year. ; and (v) by striking subparagraphs (F) and (G) and inserting the following: (F) Canine care For a border patrol agent assigned to provide care for a canine while not on duty and assigned to the level 1 border patrol rate of pay in accordance with subparagraph (D)(ii)— (i) that rate of pay covers all such care and no other pay shall be paid to the border patrol agent for such care except as set forth in clauses (ii) through (v); (ii) the agent shall be credited with 1 hour of such care for each calendar day on which such care occurs (without regard to the actual duration of such care); (iii) 1 hour of canine care credited under clause (ii), as available, shall be substituted for 1 hour of scheduled overtime that the agent is obligated to perform under paragraph (2)(A)(ii) on the same regular work day; (iv) 1 hour of canine care credited under clause (ii), if not needed to substitute for scheduled overtime under clause (iii), shall be paid to the border patrol agent as scheduled overtime for which the agent shall receive monetary compensation pursuant to the payment of overtime under section 5542(a)(4); and (v) for canine care hours credited under clause (ii) on a day other than a regular workday, or on a regular workday on which an agent has no obligation to perform scheduled overtime work, the agent shall be credited with 1 scheduled overtime work hour paid as monetary compensation under section 5542(a)(4) (defined as 1 hour of overtime work under section 5542(g)(1)(B)(i)) for each hour of credited canine care.