Document ID: chunk:federal_register_of_legislation:C2013C00026:clause:3_5gb:p1
Version: federal_register_of_legislation:C2013C00026
Segment Type: clause
Provision Reference: sch 3 cl 5GB (pt 1/2)
Character Range: 146328–148737

5GB  Clean energy supplement rate definitions

 (1) The CES 22(3) rate is, subject to section 198, the rate worked out by:
 (a) working out 1.7% of the rate specified in subsection 22(3) on 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 10 cents (rounding up if that result is not a multiple of 10 cents but is a multiple of 5 cents).

Note: Section 198 provides for indexation.

 (2) The CES 22(4) rate is, subject to section 198, the rate worked out by:
 (a) working out 1.7% of the rate specified in subsection 22(4) on 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 10 cents (rounding up if that result is not a multiple of 10 cents but is a multiple of 5 cents).

Note: Section 198 provides for indexation.

 (3) The CES 23(4) rate is, subject to section 198, the rate worked out by:
 (a) working out 1.7% of the rate specified in subsection 23(4) on 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 10 cents (rounding up if that result is not a multiple of 10 cents but is a multiple of 5 cents).

Note: Section 198 provides for indexation.

 (4) The CES 24(4) rate is, subject to section 198, the rate worked out by:
 (a) working out 1.7% of the rate specified in subsection 24(4) on 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 10 cents (rounding up if that result is not a multiple of 10 cents but is a multiple of 5 cents).

Note: Section 198 provides for indexation.

 (5) The CES 30(1) rate is, subject to section 198, the rate worked out by:
 (a) working out 1.7% of the rate specified in subsection 30(1) on 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 10 cents (rounding up if that result is not a multiple of 10 cents but is a multiple of 5 cents).

Note: Section 198 provides for 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