Prescribed rate
43A Prescribed rate
S. 43A(1) amended by Nos 110/1993 s. 152(1), 120/1994 s. 46(2), 44/2014 s. 33(Sch. item 26(3)), 21/2015 s. 3(Sch. 1 item 51).
In sections 44, 45 and 47 prescribed rate means the sum arrived at by multiplying $650 by
where A is the consumer price index for the reference period in which falls the June quarter or the December quarter (whichever is the later) prior to the death of the pensioner or member and B is the consumer price index number for the quarter ended 30 June 1982.
S. 43A(2) amended by Nos 49/1992 s. 89(b), 44/2014 s. 33(Sch. item 26(4)).
In this section consumer price index means the all groups consumer price index for All Capital Cities published by the Australian Bureau of Statistics.
S. 43B inserted by No. 40/2010 s. 53.
This Act’s bill:Second reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.