Commonwealth Consolidated Acts

ACIS ADMINISTRATION ACT 1999 - SECT 49

                   The Secretary must, as soon as practicable after an AMTP provides a return to the Secretary in respect of a quarter, work out the unmodulated investment credit for the AMTP for that quarter in relation to type G investment in accordance with the formula:

where:

"CA" is the total amount of other Commonwealth assistance (if any) received by the AMTP in relation to the type G investment referred to in component U of the formula and to the type G investment referred to in component V of the formula.

"RQ" is the total number of relevant quarters in relation to that quarter.

"U" is the amount of type G investment by that AMTP in the quarter concerned.

"V" is the total of the type G investment by that AMTP in all relevant quarters preceding that quarter.