Document ID: chunk:federal_register_of_legislation:C2023A00047:clause:1_54
Version: federal_register_of_legislation:C2023A00047
Segment Type: clause
Provision Reference: sch 1 cl 54
Character Range: 78810–79345

54  Paragraphs 123SM(1)(a) and (b)
Repeal the paragraphs, substitute:
 (a) the percentage of the gross amount of the payment that is qualified (the qualified portion) is:
 (i) 50%, unless subparagraph (ii) applies; or
 (ii) if another percentage is determined by the Minister under subsection (1A) of this section—the other percentage; and
 (b) the percentage of the gross amount of the payment that is unqualified (the unqualified portion) is the percentage that is equal to 100% minus the percentage applicable under paragraph (a).