Document ID: chunk:federal_register_of_legislation:F2024C01213:clause:1_39
Version: federal_register_of_legislation:F2024C01213
Segment Type: clause
Provision Reference: sch 1 cl 39
Character Range: 158328–159189

39  Amounts payable

Maximum amounts payable
 (1) For the purposes of paragraph 69A(2)(b) of the Act, the maximum amount payable for a school for a year under a determination under subsection 69A(1) of the Act in the circumstances mentioned in clause 38 of this Schedule is the following percentage of the base adjustment amount for the school specified in the table in Schedule 3:
 (a) for 2023—100%;
 (b) for 2024—75%;
 (c) for 2025—50%;
 (d) for 2026—25%.

Total amounts payable
 (2) For the purposes of paragraph 69A(4)(a) of the Act, the following are the amounts that the total of the amounts that the Minister determines under subsection 69A(1) of the Act for a year in the circumstances mentioned in clause 38 of this Schedule must not exceed:
 (a) for 2023—$62,774,474;
 (b) for 2024—$47,080,856;
 (c) for 2025—$31,387,237;
 (d) for 2026—$15,693,619.