This Act (and any other Act that refers to this Act) has effect as if, on 1 January each year, the amount worked out by applying the formula:
to an amount identified in column 2 of an item in the following table were substituted for the amount identified in column 3 of the item.
Adjustment of DSP (under 21) MBR table | ||
Column 1 Item | Column 2 YA MBR amount | Column 3 corresponding DSP (under 21) MBR amount |
| Youth Allowance Rate Calculator--point 1067G - B3--Table BB | Pension Rate Calculator D--point 1066A - B1--Table B and Pension Rate Calculator E--Point 1066B - B1--Table B |
3 | column 3--item 1 | column 3--item 1 |
4 | column 3--item 5 | column 3--items 2, 4, 5 and 6 |
5 | column 3--item 2 | column 3--item 3 |