CTHRepealedAct
ACIS Administration Act 1999
51Secretary to work out unmodulated type I credit for each ASP
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#### 51 Secretary to work out unmodulated type I credit for each ASP
The Secretary must, as soon as practicable after an ASP provides a return to the Secretary in respect of a quarter, work out the unmodulated investment credit for the ASP for that quarter in relation to type I investment in accordance with the formula:

where:
> CA is the total amount of other Commonwealth assistance (if any) received by the ASP in relation to the type I investment referred to in component ZA of the formula and to the type I investment referred to in component ZB of the formula.
> RQ is the total number of relevant quarters in relation to that quarter.
> ZA is the amount of type I investment by that ASP in the quarter concerned.
> ZB is the total of the type I investment by that ASP in all relevant quarters preceding that quarter.