Document ID: chunk:federal_register_of_legislation:C2004A00372:clause:5_5
Version: federal_register_of_legislation:C2004A00372
Segment Type: clause
Provision Reference: sch 5 cl 5
Character Range: 10745–12331

5  Revenue replacement payments
 (1) For the purposes of section 11A, the revenue replacement payment to be made to a State is worked out using the formula:
where:
ABA (alcohol base amount) means the sum of:
 (a) the amounts determined by the Commissioner, before 15 June 1999, to be:
 (i) the additional amount of sales tax on taxable dealings to which the Sales Tax (Surcharge) Acts relate that was collected during the pre‑1 June period because of a Commonwealth surcharge; and
 (ii) the additional amount of sales tax on taxable dealings to which the Sales Tax (Surcharge) Acts relate that the Commissioner estimates to be likely to be collected during the month of June 1999 because of a Commonwealth surcharge; and
 (b) if the June 1998 ABA amount exceeds the June 1998 ABA estimate amount—the amount of the excess;
less the sum of:
 (c) if the June 1998 ABA estimate amount exceeds the June 1998 ABA amount—the amount of the excess; and
 (d) the amount determined by the Commissioner to be the additional administrative costs incurred by the Commonwealth in the grant year because of that surcharge or those surcharges.
AS (alcohol share) for a State means:
 (a) if paragraph (b) does not apply—the number set out opposite the name of the State in the table at the end of this definition; or
 (b) if the regulations prescribe a number as the alcohol share for each State for the purposes of this definition—the number so prescribed for the State.

Revenue replacement payments—alcohol share
Item                                        State                         Alcohol share