Document ID: chunk:federal_register_of_legislation:C2024C00583:clause:2_3
Version: federal_register_of_legislation:C2024C00583
Segment Type: clause
Provision Reference: sch 2 cl 3
Character Range: 467723–468359

3                      equal to or above the upper income (base rate) threshold                                               0%

 (2) If table item 2 applies, work out the individual's applicable percentage for the session of care using the following formula and rounding the result to 2 decimal places:
 (4) In this Act:
lower income (base rate) threshold means $80,000.
Note: This amount is indexed annually in line with CPI increases (see Schedule 4). However, the amount will not be indexed in 2023 (see subclause 3(9) of Schedule 4).
upper income (base rate) threshold means the lower income (base rate) threshold plus $450,000.