I don't mean to be nitpicky or anything but you guys should aim to distinguish between the different kinds of GPA, especially on a CV. Removing 25 points definitely occurs when you calculate the SGPA but that scale is out of 100%, not 7.0. So you both have a higher SGPA than flat out GPA but it still wouldn't be '7.0' because if we used that scale no subjects are allowed to be left out of the calculation and presumably you're both wanting to remove a subject that's not a H1. I don't think that 7.0 GPAs apply to either of you though anyway because neither of you want to do a postgrad course that uses it!
Saying stuff like 'I have a 7.0 GPA because two of my subjects don't count' can also confuse people who come in here and do plan on using a 7.0 GPA scale when they're applying for a grad course too! Like potentially MelonBar up there...to answer your q MelonBar two subjects will be removed from your SGPA but if you want to apply to Med, Dent or some other postgrad course that isn't Honours no subjects will be removed. Also, SGPA doesn't weight years differently the only precedence for third year is that no low scoring subjects can be removed from the final calculation if they were taken at Level 3. This is in contrast to the Med GPA where the third year is weighted three times as much as the first. They're completely separate calculations and Ballerina quoted something from the SGPA policy.
I use my SGPA on my CV because I have only applied for things (jobs, Honours) that use the same SGPA in their calculations. But yes, you should give a total average if you're applying for something that doesn't use that scale as Hancock suggested!
Yeh true, but we are on the assumption that he scores on average don't fluctuate too much.
If I completed 7 subjects level 1 and 1 level 3 subject, does that mean I am not eligible? I am a little confused by the eligibility requirements 
It can be a bit confusing! I'll draw your attention to:
"passed at least 62.5 points of subjects at the designated subject year level of the relevant course
passed at least
100, 200 or 300 points in total in the course for consideration at
first, second or third year respectively"
So because you did 87.5 points of Level 1 and 12.5 of Level 3 you end up with 100 points overall and >62.5 points at Level 1. Therefore you are eligible. It just means you must have done 8 subjects by the time the level 1 list happens, 16 by the time the level 2 list happens etc. Only 62.5 required at each year level so it doesn't matter that you haven't done 100 points of Level 1
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ARGHHGHGHHGHHGHGHGHG!!!
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