States Grants (General Purposes) Act 1994
9Financial assistance grants
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9 Financial assistance grants
Subject to this Act, each State is entitled to the payment by way of financial assistance, in relation to a grant year, of a financial assistance grant worked out using the formula:
Image unavailable in extracted text – SHG
where:
ASP (adjusted State population) means the adjusted population of the State for the grant year.
BAA (base assistance amount) means the base assistance amount set out in the applicable Schedule.
IF (index factor) means the index factor for the grant year.
PF (population factor) means the population factor for the grant year.
THG (total hospital grants) means the sum of the hospital grants for all the States in respect of the grant year (see section 5).
ATP (adjusted total population) means the sum of the adjusted populations of all of the States for the grant year.
SHG (State hospital grant) means the hospital grant for the State in respect of the grant year (see section 5).