ACIS ADMINISTRATION ACT 1999 - SECT 45 Secretary to work out unmodulated type C credit for each
ACIS ADMINISTRATION ACT 1999 - SECT 45
Secretary to work out unmodulated type C credit for each-
The Secretary must, as soon as practicable after the end of 45 days following
the end of each quarter, work out the unmodulated investment credit for each
MVP for that quarter in relation to type C investment in accordance with the
formula:
- where:
- CA is the total amount of other Commonwealth assistance (if any) received by
the MVP in relation to the type C investment referred to in component H of the
formula and to the type C investment referred to in component J of the
formula.
H is the amount of type C investment undertaken by that MVP in the quarter concerned.
J is the total of type C investment undertaken by that MVP in all the relevant quarters preceding that quarter.
RQ is the total number of relevant quarters in relation to that quarter.