Document ID: chunk:federal_register_of_legislation:C2010C00246:clause:4_9:p1
Version: federal_register_of_legislation:C2010C00246
Segment Type: clause
Provision Reference: sch 4 cl 9 (pt 1/2)
Character Range: 64172–66981

9  Adjustment of amounts following 10% increase to maximum rent assistance amounts

 (1) This clause applies to modify the way an amount specified in column 3 of the table in clause 14 of Schedule 1 (the maximum rent assistance amount) is indexed under Part 2 of this Schedule for a limited period after 19 March 2001.

      Method statement
           Step 1. Work out the current figure for the maximum rent assistance amount on 19 March 2001.
           Step 2. Multiply the current figure by 0.02. The result is the provisional overall adjustment amount.
           Step 3. Round off the provisional overall adjustment amount in accordance with subclauses (2) to (4). The result is the overall adjustment amount.
           Step 4. For the first indexation day for the maximum rent assistance amount that occurs after 19 March 2001, subtract the current figure for the amount from the indexed amount (arrived at using the method statement in subclause 4(2)). The result (which could be zero) is the first indexation increase amount.
           Step 5. Compare the overall adjustment amount with the first indexation increase amount. If the overall adjustment amount is equal to or less than the first indexation increase amount, go to step 6. If the overall adjustment amount is greater than the first indexation increase amount, go to step 7.
           Step 6. Subtract the overall adjustment amount from the indexed amount referred to in step 4. The result is taken to be the indexed amount for the purposes of step 4 of the method statement in subclause 4(2) and this clause has no further application in relation to the maximum rent assistance amount.
           Step 7. The indexed amount for the purposes of step 4 of the method statement in subclause 4(2) is taken to be equal to the current figure worked out under step 2 of that method statement. Go to step 8.
           Step 8. For the second indexation day for the maximum rent assistance amount that occurs after 19 March 2001, subtract the first indexation increase amount from the overall adjustment amount. The result is the remaining adjustment amount.
           Step 9. Subtract the current figure for the maximum rent assistance amount from the indexed amount (arrived at using the method statement in subclause 4(2)). The result (which could be zero) is the second indexation increase amount.
           Step 10. Compare the remaining adjustment amount with the second indexation increase amount. If the remaining adjustment amount is equal to or less than the second indexation increase amount, go to step 11. If the remaining adjustment amount is greater than the second indexation increase amount, go to step 12.
           Step 11. Subtract the remaining adjustment amount from the indexed amount. The result is taken to be the