An employee who does not receive a pay increase under § 9701.323 because of an unacceptable rating of record and whose rate of basic pay does not fall below the minimum rate of his or her band as a result of that rating will receive such an increase if he or she demonstrates performance that meets or exceeds performance expectations, as reflected by a new rating of record issued under § 9701.409(b) . Such an increase will be made effective on the first day of the first pay period beginning on or after the date the new rating of record is issued.
5 C.F.R. §9701.324