(1) This Act has effect as if, on 1 July each year, the amount worked out in accordance with the following formula were substituted for the benefit "single" non - homeowner AVL:
where:
"benefit "partnered" (item 3) homeowner AVL" is the current figure, as at that 1 July, for the benefit "partnered" (item 3) homeowner AVL.
"benefit "partnered" (item 3) non-homeowner AVL" is the current figure, as at that 1 July, for the benefit "partnered" (item 3) non - homeowner AVL.
"benefit "single" homeowner AVL" is the current figure, as at that 1 July, for the benefit "single" homeowner AVL.
(2) This Act has effect as if, on 1 July each year, the amount worked out in accordance with the following formula were substituted for the benefit "partnered" (item 2) homeowner AVL:
where:
"benefit "partnered" (item 3) homeowner AVL" is the current figure, as at that 1 July, for the benefit "partnered" (item 3) homeowner AVL.
(3) This Act has effect as if, on 1 July each year, the amount worked out in accordance with the following formula were substituted for the benefit "partnered" (item 2) non - homeowner AVL:
where:
"benefit "partnered" (item 3) non-homeowner AVL" is the current figure, as at that 1 July, for the benefit "partnered" (item 3) non - homeowner AVL.