Document ID: chunk:federal_register_of_legislation:C2016C00429:section:122
Version: federal_register_of_legislation:C2016C00429
Segment Type: section
Provision Reference: s 122
Character Range: 155940–156730

122  Changes to amounts for primary education
 (1) This section applies if an amount in Schedule 1 for primary education is replaced for a program year by an amount (the primary AGSRC amount) under regulations made for the purposes of subsection 121(1).
 (2) The amount in Schedule 2 for primary education for the program year is replaced by the amount worked out using the formula:

where:
% of AGSRC means the percentage of AGSRC in column 2 of Schedule 2 for primary education.
 (3) Each amount opposite a percentage of AGSRC in Parts 1 and 3 of Schedule 4 for the program year is replaced by the amount worked out using the formula:

 (4) If an amount worked out under subsection (2) or (3) is an amount of dollars and cents, the amount is to be rounded to the next higher dollar.