Indigenous Education (Supplementary Assistance) Act 1989
13CCost supplementation
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13C Cost supplementation
(1) The regulations may state, for a period referred to in subsection 13B(4), (5), (6), (7) or (8), a number worked out after considering changes in an Index determined in writing by the Minister for Finance to be an appropriate Index to be used for the variation, in accordance with this section, of the amount stated in that subsection. (2) If a number (the stated number) is stated in regulations made for the purposes of subsection (1), for a period referred to in subsection 13B(4), (5), (6), (7) or (8), the amount set out in that subsection (the stated amount) is taken to be replaced by the amount worked out using the formula:
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(3) If an amount worked out under subsection (2) is not a multiple of $1,000, the amount is to be rounded to the nearest $1,000 (rounding $500 upwards).