Document ID: chunk:federal_register_of_legislation:C2015A00159:clause:1_123ad
Version: federal_register_of_legislation:C2015A00159
Segment Type: clause
Provision Reference: sch 1 cl 123AD
Character Range: 24448–25275

123AD  Annual amount of estimated maintenance income
  For the purposes of the method statement in section 123AB, work out the annual amount of estimated maintenance income for a parent of a person using this method statement.

      Method statement
           Step 1. For each estimate of maintenance income of a parent of a person that applied in relation to a period in the income year, work out the annualised estimate by multiplying the amount of the estimate by:

           Step 2. For each annualised estimate worked out in step 1 for the income year, work out the period estimate by multiplying the annualised estimate by:

           Step 3. Add up all the period estimates for periods that occurred in the income year. This is the annual amount of estimated maintenance income for the parent for the income year.