Section 1073I — Social Security Act 1991: Working out the effect of a working credit depletion on the yearly rate of ordinary income for a social security pensioner

If, under section 1073H, the working credit balance of a working credit participant is depleted on a particular day, the participant’s rate of ordinary income on a yearly basis for that day is reduced by the working credit depletion amount applicable to that day, determined under step 8 of the method statement, multiplied by 364.