(1) For the financial year mentioned in column 1 of an item in the following table, the maximum amount of credits for States and Territories is the amount mentioned in column 2 of that item:
Maximum amount of credits for States and Territories | ||
Item | Column 1
| Column 2 |
1 | 2014 - 2015 | $825.000 million |
2 | 2015 - 2016 | $853.875 million |
3 | 2016 - 2017 | $883.761 million |
4 | 2017 - 2018 | $914.692 million |
5 | 2018 - 2019 | $946.706 million |
6 | 2019 - 2020 | $979.841 million |
7 | 2020 - 2021 | $1014.136 million |
8 | 2021 - 2022 | $1049.630 million |
9 | 2022 - 2023 | $1086.367 million |
10 | 2023 - 2024 | $1124.390 million |
(2) The consequences of the maximum amount of credits for States and Territories for a financial year being a particular amount are set out in section 19.