sec.3Prescribed amount— Act , s 12

### sec.3 Prescribed amount— Act , s 12 For section 12 (4) of the Act , definition prescribed amount , the amount is— for the financial year starting on 1 July 2023—$20.4m; or for any later financial year—the amount for the previous financial year, increased by the prescribed percentage and rounded to the nearest cent (rounding one-half upwards). - (a) for the financial year starting on 1 July 2023—$20.4m; or - (b) for any later financial year—the amount for the previous financial year, increased by the prescribed percentage and rounded to the nearest cent (rounding one-half upwards).