Commonwealth Consolidated Acts

HIGHER EDUCATION SUPPORT ACT 2003 - SECT 154.25

  (1)   The following amounts for the 2020 - 21 * income year, or a later income year:

  (a)   the * minimum repayment income;

  (b)   the amounts referred to in paragraph   (a) of the second column of items   1 to 17 of the table in section   154 - 20;

are indexed by multiplying the corresponding amounts for the 2019 - 20 income year by the amount worked out using the formula:

  (4)   If an amount worked out under this section is an amount made up of dollars and cents, round the amount down to the nearest dollar.