131Surplus and estimation error adjustment number

#### 131 Surplus and estimation error adjustment number Scope (1) This section applies if: (a) a person is a liable entity for an eligible financial year (the relevant eligible financial year); and (b) the eligible financial year is a fixed charge year. Surplus and estimation error adjustment number (2) If: (a) the person has a provisional surplus surrender number for the relevant eligible financial year worked out under section 125; and (b) the person has one or more estimation error numbers for the relevant eligible financial year worked out under section 129; then: (c) if the number worked out using the formula in subsection (3) exceeds zero—that number is the surplus and estimation error adjustment number of the person for the eligible financial year; and (d) if the number worked out using the formula in subsection (3) is zero—the person’s surplus and estimation error adjustment number for the relevant eligible financial year is zero; and (e) if the number worked out using the formula in subsection (3) is less than zero—the person’s surplus and estimation error adjustment number for the relevant eligible financial year is equal to that number (expressed as a positive). (3) The formula is as follows:  where: > provisional surplus surrender number means the provisional surplus surrender number of the person for the relevant eligible financial year worked out under section 125. > total estimation error numbers means the total of the estimation error numbers of the person for the relevant eligible financial year worked out under section 129. (4) If: (a) the person has one or more error estimation numbers for the relevant eligible financial year worked out under section 129; and (b) the person does not have a provisional surplus surrender number for the relevant eligible financial year worked out under section 125; the person’s surplus and estimation error adjustment number for the relevant eligible financial year is equal to the total of the estimation error numbers. (5) If: (a) the person has a provisional surplus surrender number for the relevant eligible financial year worked out under section 125; and (b) the person does not have any error estimation numbers for the relevant eligible financial year worked out under section 129; the person’s surplus and estimation error adjustment number for the relevant eligible financial year is equal to the provisional surplus surrender number. (6) If: (a) the person does not have a provisional surplus surrender number for the relevant eligible financial year worked out under section 125; and (b) the person does not have any estimation error numbers for the relevant eligible financial year worked out under section 129; the person’s surplus and estimation error adjustment number for the relevant eligible financial year is zero.