Commonwealth Consolidated Acts

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AUSTRALIAN EDUCATION ACT 2013 - SECT 32

The amount payable for a school

    The amount of financial assistance that is payable under this Division to a State or Territory for a year for a school is worked out using the following formula:

Start formula open bracket The school's base amount for the year plus The school's total loading for the year close bracket times The Commonwealth share for the school for the year end formula

Note:   This amount may be rounded up or down (see section   56).


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