CTHRepealedAct
ACIS Administration Act 1999
46Secretary to work out unmodulated type D credit for each ACP
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#### 46 Secretary to work out unmodulated type D credit for each ACP
The Secretary must, as soon as practicable after an ACP provides a return to the Secretary in respect of a quarter, work out the unmodulated investment credit for the ACP for that quarter in relation to type D investment in accordance with the formula:
where:
> CA is the total amount of other Commonwealth assistance (if any) received by the ACP in relation to the type D investment referred to in component K of the formula and to the type D investment referred to in component L of the formula.
> K is the amount of type D investment by that ACP in the quarter concerned.
> L is the total of the type D investment by that ACP in all relevant quarters preceding that quarter.
> RQ is the total number of relevant quarters in relation to that quarter.