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StatuteVeterans' Entitlements Act 1986

Section 198M — Veterans' Entitlements Act 1986: Rounding off provisional replacement amounts

Text of the provision Official document

(1) If a provisional replacement amount is a multiple of the rounding base, the provisional replacement amount is the replacement amount. (2) If a provisional replacement amount is not a multiple of the rounding base, the replacement amount is the provisional replacement amount rounded up or down to the nearest multiple of the rounding base. (3) If a provisional replacement amount is not a multiple of the rounding base, but is a multiple of half the rounding base, the replacement amount is the provisional replacement amount rounded up to the nearest multiple of the rounding base.

Official source: Federal Register of Legislation

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