Document ID: chunk:federal_register_of_legislation:C2010C00246:clause:1_1206ga
Version: federal_register_of_legislation:C2010C00246
Segment Type: clause
Provision Reference: sch 1 cl 1206GA
Character Range: 19057–20198

1206GA  1 July 2000 increase in certain indexed and adjusted amounts

 (1) This section applies to an amount (the base amount) that is provided for in a provision listed in column 2 of Table A.

Note: Amounts provided for in provisions listed in Table A are amounts as altered from time to time under Divisions 2 and 4 of this Part (CPI indexation and other adjustments).

 (2) This Act has effect as if, on 1 July 2000, the base amount were replaced by an amount (the replacement amount) worked out by:
 (a) calculating the amount (the provisional replacement amount) that is 4% greater than the base amount; and
 (b) rounding off the provisional replacement amount in accordance with section 1206GD, using the rounding base for the base amount (see column 4 of Table A).
Table A: Rates
Column 1        Column 2                                                   Column 3                                                                          Column 4
Item            Provision providing for base amount                        Description of amount                                                             Rounding base for base amount