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ACIS ADMINISTRATION ACT 1999 - SECT 48 Secretary to work out unmodulated type F credit for each

ACIS ADMINISTRATION ACT 1999 - SECT 48

Secretary to work out unmodulated type F credit for each AMTP
The Secretary must, as soon as practicable after the end of 45 days following each quarter, work out the unmodulated investment credit for each AMTP for that quarter in relation to type F 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 F investment referred to in component R of the formula and to the type F investment referred to in component S of the formula.

R is the amount of type F investment by that AMTP in the quarter concerned.

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

S is the total of the type F investment by that AMTP in all relevant quarters preceding that quarter.