Schools Assistance (Learning Together—Achievement Through Choice and Opportunity) Act 2004
123Changes to amounts for secondary education
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123 Changes to amounts for secondary education
(1) This section applies if an amount in Schedule 1 for secondary education is replaced for a program year by an amount (the secondary AGSRC amount) under regulations made for the purposes of subsection 121(1). (2) The amount in Schedule 2 for secondary 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 secondary education.
(3) Each amount opposite a percentage of AGSRC in Parts 2 and 4 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.