Document ID: chunk:federal_register_of_legislation:C2006C00163:clause:1_130d
Version: federal_register_of_legislation:C2006C00163
Segment Type: clause
Provision Reference: sch 1 cl 130D
Character Range: 26965–27746

130D  Amount of benefit

 (1) Subject to subsection (2), the amount of the benefit payable in respect of a person under this Subdivision is the sum of:
 (a) an amount equal to the difference between:
 (i) the total amount that was paid into the Fund in respect of the person under section 130B; and
 (ii) the sum of any amounts in the nature of income tax relevant to that amount; and
 (b) interest on the amount mentioned in paragraph (a).

 (2) If the person's surcharge debt account is in debit when the benefit becomes payable to the person, the benefit to which the person is entitled is equal to the difference between:
 (a) the benefit to which the person would be entitled if this subsection did not apply to the person; and
 (b) the person's surcharge deduction amount.