Document ID: chunk:federal_register_of_legislation:C2024A00072:clause:1_1
Version: federal_register_of_legislation:C2024A00072
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 1577–2024

1  Subsections 6AA(5) and (6)
Repeal the subsections, substitute:
 (5) Despite subsection (3), treat the indexation factor for 1 September 2023, 1 September 2024 and 1 September 2025 as 1 if, on that day, it would otherwise be less than 1.

Additional factor
 (6) The additional factor for an indexation day is:
 (a) 1.05, if the indexation day is 1 September 2023, 1 September 2024 or 1 September 2025; or
 (b) 1, for each other indexation day.