(1) This section applies to an amount (the base amount ) of rent assistance that is provided for in column 4 of the table in subpoint SCH6 - C8(1).
Note: Amounts provided for in column 4 of the table in subpoint SCH6 - C8(1) are amounts as altered from time to time under Division 18 of Part IIIB (CPI indexation).
(2) This Act has effect as if, on 1 July 2000, the base amount were replaced by an amount (the replacement amount ) worked out by:
(a) calculating the amount (the provisional replacement amount ) that is 10% greater than the base amount; and
(b) rounding off the provisional replacement amount in accordance with section 198M, using the rounding base of $5.20.