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STATES GRANTS (GENERAL PURPOSES) ACT 1994 No. 122, 1994 - SECT 9
Financial assistance grants
9. Subject to this Act, each State is entitled to the payment by way of
financial assistance, in relation to the grant year, of a financial assistance
grant worked out using the formula:
ASP((BAA x IF x PF) + THG) - SHG
ATP where:
"ASP" (adjusted State population) means the adjusted population of the State;
"BAA" (base assistance amount) means the base assistance amount set out in the
applicable Schedule;
"IF" (index factor) means the index factor for the grant year;
"PF" (population factor) means the population factor for the grant year;
"THG" (total hospital grants) means the sum of the hospital grants for all the
States (see section 5);
"ATP" (adjusted total population) means the sum of the adjusted populations of
all of the States;
"SHG" (State hospital grant) means the hospital grant for the State (see
section 5).
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