(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:
(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.