Commonwealth Consolidated Acts

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SOCIAL SECURITY ACT 1991 - SECT 1198

Rounding off amounts

             (1)  If a provisional living cost amount is a multiple of $2.60, the provisional living cost amount becomes the living cost amount.

             (2)  Subject to subsection (3), if a provisional living cost amount is not a multiple of $2.60, the living cost amount is the provisional living cost amount rounded up or down to the nearest multiple of $2.60.

             (3)  If a provisional living cost amount is not a multiple of $2.60 but is a multiple of $1.30, the living cost amount is the provisional living cost amount rounded up to the nearest multiple of $2.60.



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