(1) Each of the following amounts (the recurrent amount ):
(a) an amount in the table in Schedule 7 for a program year;
(b) an amount in the table in Part 1 of Schedule 8 for a program year;
(c) an amount in the table in Part 2 of Schedule 8 for a program year;
(ca) an amount in the table in Part 3 of Schedule 8 for a program year;
(d) an amount in column 2, 4 or 6 of the table in Part 1 of Schedule 9 for a program year;
(e) an amount in the table in Part 2 of Schedule 9 for a program year;
is replaced for the program year by the amount worked out using the formula:
where:
"recurrent number for the program year" means:
(a) 1; or
(b) if the regulations set out another number for the program year--that other number.
(2) If an amount worked out under paragraph ( 1)(a), (b) or (d) is not a multiple of $1,000, the amount is to be rounded to the nearest $1,000 (rounding $500 upwards).
(3) If an amount worked out under paragraph ( 1)(c) or (e) is an amount of dollars and cents, the amount is to be rounded to the next higher dollar.
(4) Before the Governor - General makes regulations for the purposes of subsection ( 1), the Minister must consider changes in the relevant figures known as Average Government School Costs published by:
(a) the Ministerial Council on Education, Employment, Training and Youth Affairs; or
(b) a prescribed body that has a corresponding function.