Commonwealth Numbered Acts Commonwealth Numbered Acts(1) This section applies if:
(a) an approved authority's old per student amount for 2013, increased by 3%, is more than the authority's new per student amount for 2014; and
(b) neither section 59 nor 62 applies in relation to the approved authority.
Old per student amount payable
(2) The amount payable under this Division to a State or Territory for the approved authority for a year (subject to subsection (4)) is worked out using the following formula:
Note: To work out the number of students at a school for a year, see sections 16 and 17.
(3) The old per student amount for a year after 2014 is indexed as follows:
(4) Subsection (2) ceases to apply to the approved authority for a year once the approved authority's new per student amount for the year is equal to or more than the approved authority's old per student amount for that year.
When amounts are worked out under section 32
(5) The amount of financial assistance that is payable under this Part to a State or Territory is worked out under section 32 for each of the approved authority's schools for the year referred to in subsection (4) and each later year.
(6) To avoid doubt, subsection (5) applies in relation to a school even if the approved authority does not become approved for the school or a location of the school until after 1 January 2014.
