Document ID: chunk:federal_register_of_legislation:C2009A00081:clause:1_14
Version: federal_register_of_legislation:C2009A00081
Segment Type: clause
Provision Reference: sch 1 cl 14
Character Range: 14788–15480

14  Section 45UF (cell at table item 3, column headed "The person's annual pension rate is:")
Repeal the cell, substitute:
the lesser of the following rates (or, if the rates are the same, the first rate):
(a) the person's ceiling rate under point SCH6‑A4, ascertained as at the date of the grant;
(b) the rate that would be the person's provisional payment rate under method statement 1 in subpoint SCH6‑A1(2), ascertained as at the date of the grant, if it were assumed that the method statement applied and the person's maximum payment rate were the sum of:
(i) the person's maximum basic rate under Module B of the Rate Calculator; and
(ii) the person's pension supplement basic amount