Document ID: chunk:federal_register_of_legislation:C2025C00125:section:104
Version: federal_register_of_legislation:C2025C00125
Segment Type: section
Provision Reference: s 104
Character Range: 192094–192834

104  Basic charge
 (1) The basic charge for a unit of study is the lesser of:
 (a) the statutory amount, worked out under this section; and
 (b) the amount that the Agency charges for the unit.
 (2) The statutory amount is $332 for 1997.
 (3) The statutory amount for a later year is worked out by:
 (a) multiplying the statutory amount for the year before that later year by the factor that applies to the later year under subsection 40(3); and
 (b) disregarding any cents.
 (4) For each year from 1998 onwards, the Minister must:
 (a) work out the statutory amount for the year concerned; and
 (b) before the start of the year, publish a notice in the Gazette specifying the statutory amount and the factor that was used to work it out.