Document ID: chunk:federal_register_of_legislation:C2023C00380:clause:7_39
Version: federal_register_of_legislation:C2023C00380
Segment Type: clause
Provision Reference: sch 7 cl 39
Character Range: 276242–276681

39  Subsection 1206A(4)
Repeal the subsection, substitute:
 (4) This Act has effect as if, on 1 January 1999 and on 1 January in each later year, there were substituted for the PA (YA/AP) single rate, the PA (YA/AP) (item 49G) rate and the PA (YA/AP) (item 49J) rate the amount worked out by using the formula:

where:
current PA (YA/AP) partnered rate means the current figure, as at that 1 January, for the PA (YA/AP) partnered rate.