Document ID: chunk:federal_register_of_legislation:C2024C00541:section:32:p2
Version: federal_register_of_legislation:C2024C00541
Segment Type: section
Provision Reference: s 32 (pt 2/2)
Character Range: 48249–49057

into account in determining whether a PDF has complied with subsection (2) in relation to a particular payment day of the PDF exceeds the required amount in relation to that payment day of the PDF; and
 (b) the first‑mentioned amount is, or amounts forming part of the first‑mentioned total are, invested during the investment period after another payment day of the PDF;
then, in determining whether the PDF has complied with subsection (2) in relation to the other day, so much of the first‑mentioned amount, or of the total of the amounts referred to in paragraph (b), as the case may be, as does not exceed the excess referred to in paragraph (a) is taken not to have been taken into account in determining whether the PDF complied with subsection (2) in relation to the day referred to in paragraph (a).