Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies to an amount (the base amount ) that is provided for in column 3 or 5 of the table in subsection 53E(2).
(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 2.5% greater than the base amount; and
(b) rounding off the provisional replacement amount in accordance with section 198M, using a rounding base of $2.60.