Document ID: chunk:federal_register_of_legislation:F2024C00542:reg:96a
Version: federal_register_of_legislation:F2024C00542
Segment Type: reg
Provision Reference: reg 96A
Character Range: 107784–108472

96A  Annual amounts reduced if a person begins to be a member during a year
 (1) This section applies if:
 (a) an annual amount, other than a dollar amount, of either of the following is to be provided to a person (whether relating to a calendar or financial year):
 (i) public resources under this instrument;
 (ii) resources prescribed under section 42 of the Act; and
 (b) the person becomes a member during the year.
 (2) The annual amount is worked out using the following formula:
 (3) The amount must be rounded to the nearest whole number that is more than zero.
 (4) This section applies only in relation to a person who becomes a member after the commencement of this section.