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Defence Home Ownership Assistance Scheme Act 2008
49Working out monthly subsidy
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#### 49 Working out monthly subsidy
If subsidy is payable to a subsidised borrower in relation to a subsidised loan during an entitlement period, the amount of subsidy (the subsidised borrower’s monthly subsidy) for each month during the period is worked out in accordance with the following formula:

> Note: The average monthly interest is worked out under section 50.