Document ID: chunk:federal_register_of_legislation:C2010C00246:clause:2_198g
Version: federal_register_of_legislation:C2010C00246
Segment Type: clause
Provision Reference: sch 2 cl 198G
Character Range: 47377–48597

198G  1 July 2000 increase in certain amounts

 (1) This section applies to an amount (the base amount) that is provided for in a provision listed in column 2 of Table A.

Note: Amounts provided for in provisions listed in Table A are amounts as altered from time to time under Division 18 of Part IIIB and sections 198, 198A, 198D and 198F (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 4% greater than the base amount; and
 (b) rounding off the provisional replacement amount in accordance with section 198M, using the rounding base for the base amount (see column 4 of Table A).

 (3) For the purposes of subsection (1), the base amount is to include any indexation that occurs on 1 July 2000 under Division 18 of Part IIIB or section 198, 198A, 198D or 198F.

Table A: Rates
Column 1        Column 2                                      Column 3                                           Column 4
Item            Provision providing for base amount           Description of amount                              Rounding base for base amount