Schools Assistance (Learning Together—Achievement Through Choice and Opportunity) Act 2004
122Changes to amounts for primary education
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122 Changes to amounts for primary education
(1) This section applies if an amount in Schedule 1 for primary education is replaced for a program year by an amount (the primary AGSRC amount) under regulations made for the purposes of subsection 121(1). (2) The amount in Schedule 2 for primary education for the program year is replaced by the amount worked out using the formula: Image unavailable in extracted text where:
% of AGSRC means the percentage of AGSRC in column 2 of Schedule 2 for primary education.
(3) Each amount opposite a percentage of AGSRC in Parts 1 and 3 of Schedule 4 for the program year is replaced by the amount worked out using the formula: Image unavailable in extracted text (4) If an amount worked out under subsection (2) or (3) is an amount of dollars and cents, the amount is to be rounded to the next higher dollar.