Document ID: chunk:federal_register_of_legislation:F2012C00542:body:0:p3
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of the prescribed half‑year, to an increase in the rate at which the associate pension was payable to him or her immediately before the commencement of the prescribed half-year (the relevant rate of associate pension).

 (3) The increase is the prescribed percentage, worked out in accordance with subsection (4), of the relevant rate of associate pension.

 (4) To work out the prescribed percentage for a prescribed half‑year:
 (a) from the CPI index number subtract the highest all groups consumer price index number for the weighted average of the 8 capital cities published by the Statistician for the first quarter of any half‑year earlier than the half-year immediately preceding the prescribed half‑year; and
 (b) express the result as a percentage of the highest all groups consumer price index number in paragraph (a).

 (5) If:
 (a) a person to whom an associate pension is payable would be entitled to an increase in the rate at which the associate pension was payable to him or her immediately before the commencement of the prescribed half-year; and
 (b) the associate pension became payable in relation to a member spouse's pension that first became payable to the member spouse on or before 16 June or 16 December (as the case requires) in the preceding half-year;
the amount of the increase is an amount calculated in accordance with the formula:

where:
full increase means the amount of the increase that would have been applicable but for this subsection.
number of months in period means the number of months in the period that began on the day on which the member spouse's pension became payable and ended on 30 June or 31 December in the preceding half-year.

 (6) If the period referred to in subsection (5) is less than 1 month, that period is treated as 1 month.

 (7) If the period referred to in subsection (5) consists of a number of whole months and a part of a month:
 (a) where the number of days in that part of that month is less than one-half of the number of days in that month — that part is disregarded; and
 (b) where the number of days in that part of that month is more than one-half of the number of days in that month — that part is treated as a whole month.

 (8) In this section:
preceding half-year, in relation to a pension, means the half‑year immediately preceding the prescribed half-year.

2.04 Commutation of small associate pension — amount

 (1) For subsection 49C (1) of the Act, the amount is $1 303.03.

 (2) On 1 January 2005, the amount mentioned in subsection (1) is indexed in accordance with section 2.05.

 (3) On 1 July 2005, and on