59EAC
In forceRounding off amounts
Volume 2Parts IIIB to VA, sections 46 to 93ZG
Part IIIBProvisions applying to service pension, income support supplement and veteran payment
Division 18Indexation
Subdivision BCPI indexation
59EAC 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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