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STATES GRANTS (GENERAL PURPOSES) ACT 1994 No. 122, 1994 - SECT 6
Index factor
6. The index factor for a grant year is the factor worked out using the
formula:
grant year index numbers
previous year index numbers where:
"grant year index numbers" means the sum of the index numbers for the grant
year calculation quarters;
"previous year index numbers" means the sum of the index numbers for the
previous year calculation quarters.
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