Commonwealth Consolidated Acts

SCHOOLS ASSISTANCE (LEARNING TOGETHER--ACHIEVEMENT THROUGH CHOICE AND OPPORTUNITY) ACT 2004 - SECT 122

  (1)   This section applies if an amount in Schedule   1 for primary education is replaced for a program year by an amount (the primary AGSRC amount ) under regulations made for the purposes of subsection   121(1).

  (2)   The amount in Schedule   2 for primary education for the program year is replaced by the amount worked out using the formula:

where:

"% of AGSRC" means the percentage of AGSRC in column 2 of Schedule   2 for primary education.

  (3)   Each amount opposite a percentage of AGSRC in Parts   1 and 3 of Schedule   4 for the program year is replaced by the amount worked out using the formula:

  (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.