Document ID: chunk:federal_register_of_legislation:C2014A00120:clause:2_33
Version: federal_register_of_legislation:C2014A00120
Segment Type: clause
Provision Reference: sch 2 cl 33
Character Range: 18210–18769

33  After subsection 62(2)
Insert:
 (2A) The old Commonwealth per student amount for a year (from and including 2014) is indexed as follows:
 (2B) The indexation percentage is:
 (a) 103%; or
 (b) if the regulations prescribe a higher percentage for the purposes of this paragraph—that higher percentage.
 (2C) Subsection (2) ceases to apply to the approved authority for a year once the approved authority's new Commonwealth per student amount for the year is equal to or more than the approved authority's old Commonwealth per student amount for that year.