; (B) premium pay for work on a holiday for no more than 8 hours of regular time associated with a given holiday, consistent with section 5546(b); and (C) basic pay for all regular time hours that qualify for holiday time off pay when an agent is relieved or prevented from working during such regular time on a day designated as a holiday by Federal statute or Executive order. (5) Application For purposes of administering sections 6303(a), 6304, 6307(a) and (d), 6323, 6326, 6327, and 8339(m), in the case of an employee assigned to an alternative work schedule under this subsection, references to a day or workday (or to multiples or parts thereof) contained in such sections shall be considered to be references to 8 hours (or to the respective multiples or parts thereof). (i) Regulations The Director of the Office of Personnel Management shall promulgate regulations to carry out this section, including regulations governing— (1) elections and assignments of a border patrol rate of pay for newly hired border patrol agents who complete initial training during an annual period; (2) situations in which an agent receives more than one type of border patrol rate of pay in a biweekly pay period or is employed as a border patrol agent for only part of a biweekly pay period; and (3) the treatment of hours that are substituted for nonpay status hours during regular time. . (b) Overtime rates Section 5542(g)(5) of title 5, United States Code, is amended— (1) in subparagraph (A), by striking leave year and inserting an annual period, as described in section 5550(b)(1)(A) ; and (2) by amending subparagraph (E) to read as follows: (E) shall not receive credit towards computation of the border patrol agent’s annuity based on unused compensatory time off