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STATES GRANTS (PRIMARY AND SECONDARY EDUCATION ASSISTANCE) ACT 2000 - SECT 103

Changes to amounts for primary education

(1) This section applies if an amount in Schedule 1 for primary education is replaced for a program year by an amount (the primary AGSRC amount ) under regulations made for the purposes of subsection 102(1). (2) The amount in Schedule 2 for primary education for the program year is replaced by the amount worked out using the formula:

where:

% of AGSRC means the percentage of AGSRC in column 2 of Schedule 2 for primary education.

(3) Each amount opposite a percentage of AGSRC in Parts 1 and 3 of Schedule 4 for the program year is replaced by the amount worked out using the formula:

(4) If an amount worked out under subsection (2) or (3) is an amount of dollars and cents, the amount is to be rounded to the next higher dollar.



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