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VETERANS' ENTITLEMENTS ACT 1986 - SECT 59E

Rounding off indexed amounts

             (1)  If a provisional indexed amount is a multiple of the rounding base, the provisional indexed amount becomes the indexed amount.

Note 1:       for provisional indexed amount see step 3 in subsection 59C(2).

Note 2:       for rounding base see the CPI Indexation Table in section 59B.

             (2)  If a provisional indexed amount is not a multiple of the rounding base, the indexed amount is the provisional indexed amount rounded up or down to the nearest multiple of the rounding base.

             (3)  If a provisional indexed amount is not a multiple of the rounding base but is a multiple of half the rounding base, the indexed amount is the provisional indexed amount rounded up to the nearest multiple of the rounding base.



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