45Secretary to work out unmodulated type C credit for each MVP

#### 45 Secretary to work out unmodulated type C credit for each MVP The Secretary must, as soon as practicable after an MVP provides a return to the Secretary in respect of a quarter, work out the unmodulated investment credit for the MVP for that quarter in relation to type C investment in accordance with the formula:  where: > CA is the total amount of other Commonwealth assistance (if any) received by the MVP in relation to the type C investment referred to in component H of the formula and to the type C investment referred to in component J of the formula. > H is the amount of type C investment undertaken by that MVP in the quarter concerned. > J is the total of type C investment undertaken by that MVP in all the relevant quarters preceding that quarter. > RQ is the total number of relevant quarters in relation to that quarter.