47Very small schools—schools covered by item 3 of the table in section 46

47 Very small schools—schools covered by item 3 of the table in section 46

(1) The size loading for a year for a school covered by item 3 of the table in section 46 is worked out using the following formula: Start formula The school's increased starting amount for the year plus open square bracket open round bracket The school's maximum size loading for the year minus The school's increased starting amount for the year close round bracket times start fraction The number of students at the school for the year minus 1 over The school's ARIA student number minus 1 end fraction close square bracket end formula

Note 1: The number referred to in the denominator of the fraction in the formula in this subsection may be changed if regulations are made for the purposes of subsection 13(2).

Note 2: For the number of students at a school for a year, see section 16.

(2) A school’s increased starting amount for a year is worked out using the following formula: Start formula The school's starting amount for the year plus open square bracket open round bracket The school's maximum size loading for the year minus The school's starting amount for the year close round bracket times start fraction The school's ARIA index value minus 1 over 10 minus 1 end fraction close square bracket end formula

Note 1: The starting amount is defined in section 49.

Note 2: The numbers referred to in the fraction in the formula in this subsection may be changed if regulations are made for the purposes of subsection 13(2).