Document ID: chunk:federal_register_of_legislation:C2012A00052:clause:5_6
Version: federal_register_of_legislation:C2012A00052
Segment Type: clause
Provision Reference: sch 5 cl 6
Character Range: 12485–13239

6  Section 1073F (method statement, step 4)
Repeal the step, substitute:

           Step 4. If the participant's rate of total ordinary income on a fortnightly basis for the day is less than $48, there is an accrual to the participant's working credit balance for the day of an amount equal to one fourteenth of the amount by which $48 exceeds that rate. The maximum working credit balance is:

                (a) if the participant became a working credit participant on a day under subsection 1073E(2), (3), (4), (5), (5A) or (6) and on that day the participant was receiving youth allowance, the participant was not undertaking full‑time study and the participant was not a new apprentice—$3,500; or
                (b) in any other case—$1,000.