Immigration (Education) Charge Amendment Act 1995 (Cth)

Immigration (Education) Charge Amendment Act 1995

No. 113 of 1995

An Act to amend the Immigration (Education) Charge Act 1992, and for related purposes

[Assented to 29 September 1995]

The Parliament of Australia enacts:

Short title etc.

1.(1) This Act may be cited as the Immigration (Education) Charge Amendment Act 1995.

(2) In this Act, “Principal Act” means the Immigration (Education) Charge Act 19921.

Commencement

2. (1) Subject to subsection (2), this Act commences on a day to be fixed by Proclamation.

(2) If this Act does not commence within the period of 6 months beginning on the day on which it receives the Royal Assent, it commences on the first day after the end of that period.

Amount of English Education Charge

3. (1) Section 6 of the Principal Act is amended:

(a) by omitting “$4,080” and substituting “the applicable charge limit”;

(b) by adding at the end:

“(2) The applicable charge limit in relation to an application made during a financial year starting on or after 1 July 1995 is, subject to subsection (3), the amount worked out under the formula:

where:

‘new CGFCE number’ means the number worked out as follows:

(a) take the first set of Commonwealth Government Final Consumption Expenditure Implicit Price Deflators to be issued by the Department of Finance after 1 January in the previous financial year;

(b) find the number that relates to the period ending on 31 December in the previous financial year;

(c) that number is the new CGFCE number;

‘base CGFCE number’ means the number worked out as follows:

(a) take the first set of Commonwealth Government Final Consumption Expenditure Implicit Price Deflators to be issued by the Department of Finance after 1 January in the previous financial year;

(b) find the number that relates to the period ending on 31 December 1993;

(c) that number is the base CGFCE number.

“(3) If an amount worked out under the formula in subsection (2) is not a multiple of $5, the amount is to be rounded as follows:

(a) if the amount exceeds the nearest lower multiple of $5 by $2.50 or more—round the amount up to the nearest higher multiple of $5;

(b) in any other case—round the amount down to the nearest lower multiple of $5.”.

(2) The amendments made by subsection (1) apply to applications made on or after the day on which this section commences.

NOTE

Immigration (Education) Charge Act 1992

1. No. 177, 1992, as amended. For previous amendments, see No. 60, 1994.

[Minister's second reading speech made in—

House of Representatives on 9 February 1995 Senate on 27 February 1995