This Act has effect as if, on 1 July each year, the amount worked out in accordance with the following formula were substituted for each special illness separated special resident AVL:
where:
"pension "partnered" homeowner AVL" is the current figure, as at that 1 July, for the pension "partnered" homeowner AVL.
"pension "partnered" non-homeowner AVL" is the current figure, as at that 1 July, for the pension "partnered" non - homeowner AVL.