Division 3 Learner Household Units, Budgetary Requirements, Section 52 Income support and benefits calculation
If, under section 49 the projected budgetary requirements exceed the projected financial resources available to the learner household unit, plus any excess of certain assets, the amount of income support and benefits for a month that may be provided is determined in accordance with the following formula:
(A B) C
where
A is the projected budgetary requirements for the training period determined under section 51;
B is the projected financial resources determined under section 50 plus any excess of certain assets available for the training period;
C is the number of months of the training period for which the full time learner is to receive income support and benefits.
Where there is a change in circumstances of the learner household unit, the amount determined under subsection (1) is adjusted by a recalculation for the remainder of the training period, based on the formula in subsection (1).
If income support and benefits is required for only a part of a month, the amount calculated under this section may be provided on a pro rated basis.
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