Document ID: chunk:federal_register_of_legislation:C2024C00865:section:34
Version: federal_register_of_legislation:C2024C00865
Segment Type: section
Provision Reference: s 34
Character Range: 58418–59702

34  SRS funding amounts

SRS funding amount for a primary student
 (1) The SRS funding amount for a year for a primary student is:
 (a) for 2018—$10,953; or
 (b) if the regulations prescribe another amount for a primary student for the year—that other amount; or
 (c) otherwise—the SRS funding amount for a primary student for the year, as indexed under subsection (3).
Note: For distance education students, see subsection 33(3).

SRS funding amount for a secondary student
 (2) The SRS funding amount for a year for a secondary student is:
 (a) for 2018—$13,764; or
 (b) if the regulations prescribe another amount for a secondary student for the year—that other amount; or
 (c) otherwise—the SRS funding amount for a secondary student for the year, as indexed under subsection (3).

Indexation of SRS funding amounts
 (3) An SRS funding amount for a primary student or a secondary student for a year is indexed as follows:

SRS funding amount for a student at a combined school
 (4) For the purposes of Division 3 (loadings), the SRS funding amount for a year for a student at a combined school is worked out in accordance with the following formula:

Note: The SRS funding amounts in subsections (1) and (2) are used to work out a combined school's base amount under section 33.