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AUSTRALIAN EDUCATION ACT 2013 - SECT 34

SRS funding amounts

SRS funding amount for a primary student

  (1)   The SRS funding amount for a year for a primary student is:

  (a)   for 2018--$10,953 ; or

  (b)   if the regulations prescribe another amount for a primary student for the year--that other amount; or

  (c)   otherwise--the SRS funding amount for a primary student for the year, as indexed under subsection   ( 3).

Note:   For distance education students , see subsection   33(3).

SRS funding amount for a secondary student

  (2)   The SRS funding amount for a year for a secondary student is:

  (a)   for 2018--$13,764 ; or

  (b)   if the regulations prescribe another amount for a secondary student for the year--that other amount; or

  (c)   otherwise--the SRS funding amount for a secondary student for the year, as indexed under subsection   ( 3).

Indexation of SRS funding amounts

  (3)   An SRS funding amount for a primary student or a secondary student for a year is indexed as follows:

SRS funding amount for a student at a combined school

  (4)   For the purposes of Division   3 (loadings), the SRS funding amount for a year for a student at a combined school is worked out in accordance with the following formula:

   

Note:   The SRS funding amounts in subsections   ( 1) and (2) are used to work out a combined school's base amount under section   33.


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