Document ID: chunk:federal_register_of_legislation:C2013C00026:clause:3_5gb:p2
Version: federal_register_of_legislation:C2013C00026
Segment Type: clause
Provision Reference: sch 3 cl 5GB (pt 2/2)
Character Range: 148522–149220

indexation.

 (6) The clean energy pension rate for a person is, subject to sections 59B, 59C, 59D and 59E, the rate worked out by:
 (a) working out 1.7% of the total of:
 (i) double the maximum basic rate under the Rate Calculator, worked out for 20 March 2013 (taking account of any indexation on that day) for a person who is partnered; and
 (ii) the combined couple rate of pension supplement for 20 March 2013 (taking account of any indexation on that day); and
 (b) rounding the result of paragraph (a) up or down to the nearest multiple of $5.20 (rounding up if that result is not a multiple of $5.20 but is a multiple of $2.60).

Note: Sections 59B, 59C, 59D and 59E provide for indexation.