Higher Education Support Act 2003

Chapter 5 - Administration

PART 5-6 - INDEXATION

Division 198 - Indexation

SECTION 198-20 Meaning of index number

198-20(1)
The index number for a *quarter is the All Groups Consumer Price Index number (being the weighted average of the 8 capital cities) published by the *Australian Statistician in respect of that quarter.

198-20(2)

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Subject to subsection (3), if, at any time before or after the commencement of this subsection:

(a) the *Australian Statistician has published or publishes an index number in respect of a *quarter; and

(b) that index number is in substitution for an index number previously published by the Australian Statistician in respect of that quarter;

disregard the publication of the later index number for the purposes of this section.

198-20(3)

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If, at any time before or after the commencement of this subsection, the *Australian Statistician has changed or changes the index reference period for the Consumer Price Index, then, for the purposes of applying this section after the change took place or takes place, have regard only to *index numbers published in terms of the new index reference period.

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History

S 198-20 substituted by No 55 of 2016, s 3 and Sch 2 item 3, effective 1 January 2018. S 198-20 formerly read:

SECTION 198-20 Meaning of index number
198-20(1)
For the purpose of applying section 198-10 to the amounts specified in the table in section 198-5 for a year, the index number is the Higher Education Grants Index number for the year published by the Minister in the Gazette .

198-20(2)
The Higher Education Grants Index number for a year must reflect the following amounts:

(a) 25% of the amount of the movement in the All Groups Consumer Price Index for the weighted average of the 8 capital cities, based on index numbers published by the *Australian Statistician for each *quarter in the *indexation period;

(b) 75% of 90% of the amount of the movement in the Professional, Scientific and Technical Services Labour Price Index, based on index numbers published by the Australian Statistician for each quarter in the indexation period.

198-20(3)
Subject to subsection (4), if, at any time before or after the commencement of this subsection:

(a) the *Australian Statistician has published or publishes an index number in respect of a *quarter; and

(b) that index number is in substitution for an index number previously published by the Australian Statistician in respect of that quarter;
regard may be had to the publication of the later index for the purposes of calculating the Higher Education Grants Index number for a year.

198-20(4)
If, at any time before or after the commencement of this subsection, the *Australian Statistician has changed or changes the reference base for the All Groups Consumer Price Index or the Professional, Scientific and Technical Services Labour Price Index, then, for the purposes of applying this section after the change took place or takes place, have regard to index numbers published in terms of the new reference base.

198-20(5)
For the purpose of applying section 198-10 to the amounts specified in each item of the table in section 198-5 for 2012, the index number for 2011 is taken to be 1.

198-20(6)
A notice in the Gazette specifying an index number is not a legislative instrument.

198-20(7)
In this section:
indexation period ,
in relation to a calendar year, means the period beginning on 1 January 2010 and ending on 31 December of the calendar year before the immediately preceding calendar year.

S 198-20 substituted by No 111 of 2010, s 3 and Sch 1 item 3, applicable in respect of the Higher Education Grants Index number published by the Minister in the Gazette for the 2012 year and subsequent years. S 198-20 formerly read:

SECTION 198-20 Meaning of index number
198-20(1)
Subject to subsections (2) and (3), the index number, for a year, is the Higher Education Grants Index number for that year published by the Minister in the Gazette. Publication may occur at any time, including any time before the start of the year.
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History

S 198-20(1) amended by No 86 of 2009, s 3 and Sch 7 item 1, by substituting " (1) Subject to subsections (2) and (3), the " for " The " , effective 18 September 2009.

198-20(2)
For the purpose of applying section 198-10 to the amounts specified in item 2 of the table in section 198-5 for 2011, the index number is the Higher Education Student Contribution Amounts Index number for that year published by the Minister in the Gazette . Publication may occur at any time, including any time before the start of the year.
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History

S 198-20(2) inserted by No 86 of 2009, s 3 and Sch 7 item 2, effective 18 September 2009.

198-20(3)
For the purpose of applying section 198-10 to the amounts specified in each item of the table in section 198-5 for 2012, the index number for 2011 is taken to be 1.
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History

S 198-20(3) inserted by No 86 of 2009, s 3 and Sch 7 item 2, effective 18 September 2009.

198-20(4)
A notice in the Gazette specifying an index number is not a legislative instrument.
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History

S 198-20(4) inserted by No 86 of 2009, s 3 and Sch 7 item 2, effective 18 September 2009.

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