Document ID: chunk:federal_register_of_legislation:C2004A01115:clause:2_53
Version: federal_register_of_legislation:C2004A01115
Segment Type: clause
Provision Reference: sch 2 cl 53
Character Range: 99199–99841

53  At the end of section 3
Add:

 (7) For the purposes of this Act, the CPC rate at a particular time is:
2(Maximum basic rate + Pension supplement)
where:

maximum basic rate is the maximum basic rate of age pension payable to a person in accordance with item 2 of Table B in point 1064‑B1 of Pension Rate Calculator A in section 1064 of the Social Security Act 1991.

pension supplement is the amount of the person's pension supplement worked out in accordance with Module BA of Pension Rate Calculator A in section 1064 of the Social Security Act 1991, using the maximum basic rate in item 2 of Table B in point 1064‑B1 in that section.