Document ID: chunk:federal_register_of_legislation:C2016C00447:section:98
Version: federal_register_of_legislation:C2016C00447
Segment Type: section
Provision Reference: s 98
Character Range: 119716–120519

98  Literacy, numeracy and special learning needs—school grants amounts
 (1) For the purposes of paragraph 97(2)(a), work out the amount using the formula:

where:
base assistance amount, for a program year, means:
 (a) if the regulations specify an amount under subsection (2) for the program year—that amount; or
 (b) otherwise:
 (i) in the case of the 2009 program year—$142,375,000; or
 (ii) in the case of a later program year—the amount worked out under this subsection for the previous program year.
 (2) For the purposes of subsection (1), the regulations may specify an amount to be the base assistance amount for a program year.
 (3) If the amount worked out under subsection (1) for a program year is an amount of dollars and cents, the amount is to be rounded to the next highest dollar.