Document ID: chunk:federal_register_of_legislation:C2013C00026:clause:5_24c
Version: federal_register_of_legislation:C2013C00026
Segment Type: clause
Provision Reference: sch 5 cl 24C
Character Range: 210619–211414

24C  Amount of a clean energy advance

 (1) On the day (the decision day) that the Secretary determines that a person (the recipient) is qualified for a clean energy advance, the Secretary must work out the amount of the advance.

Note: The advance will be paid in a lump sum as soon as is reasonably practicable (see subsection 25(4) and section 26C).

 (2) The amount of the advance is the result of the following formula rounded up to the nearest multiple of $10:

 (3) However, no amount is payable under this section for the qualification if:
 (a) the qualification is under section 8G; and
 (b) a clean energy advance has already been paid to the recipient for a qualification under section 8H.

Note: The qualification under section 8G may result in a top‑up payment under section 24F.