sec.23Definition for sdiv 2

### sec.23 Definition for sdiv 2 In this subdivision— fixed periodic deduction , for the DGE for a periodic return period, means— the amount of the DGE’s deduction for the period determined by the commissioner under section 27 ; or if paragraph (a) does not apply—the greater of zero and the amount worked out on the most recent calculation day using the following formula— where— AW means the total amount of taxable wages and interstate wages estimated by the members of the group to be payable by the members for the financial year in which the period falls. E means 108,333. FPD means the fixed periodic deduction in dollars. M means the number of months in the period. QW means the total amount of taxable wages estimated by the members of the group to be payable by the members for the financial year in which the period falls. s 23 def fixed periodic deduction amd 2006 No. 34 s 14 ; 2008 No. 39 s 30 ; 2012 No. 8 s 41 ; 2019 No. 20 s 35 ; 2022 No. 14 s 73 s 23 ins 2004 No. 46 s 12 - (a) the amount of the DGE’s deduction for the period determined by the commissioner under section 27 ; or - (b) if paragraph (a) does not apply—the greater of zero and the amount worked out on the most recent calculation day using the following formula— where— AW means the total amount of taxable wages and interstate wages estimated by the members of the group to be payable by the members for the financial year in which the period falls. E means 108,333. FPD means the fixed periodic deduction in dollars. M means the number of months in the period. QW means the total amount of taxable wages estimated by the members of the group to be payable by the members for the financial year in which the period falls.