Document ID: chunk:federal_register_of_legislation:C2016C00447:section:37
Version: federal_register_of_legislation:C2016C00447
Segment Type: section
Provision Reference: s 37
Character Range: 62923–64106

37  Average Government School Recurrent Costs—rounding‑up per student funding amounts

Scope
 (1) This section applies in relation to an amount (a funding amount) worked out under one of the following provisions (a funding amount provision):
 (a) section 40 (current SES funding—primary education);
 (b) section 42 (current SES funding—secondary education);
 (c) section 45 (maintained funding—primary education);
 (d) section 46 (maintained funding—secondary education);
 (e) section 49 (guaranteed year 2008 funding—primary education);
 (f) section 51 (guaranteed year 2008 funding—secondary education);
 (g) section 55 (maximum SES funding—primary education);
 (h) section 56 (maximum SES funding—secondary education).

Rounding‑up to next highest dollar (per student amounts)
 (2) If an amount covered by subsection (3) is an amount of dollars and cents, for the purposes of a funding amount provision, the amount is to be rounded to the next highest dollar.
 (3) This subsection covers an amount that is a component of a funding amount, in relation to a level of education and a program year, worked out using a formula of the following kind:

Division 3—Current SES funding