Electoral Act 1992

The prescribed amount is payable for each eligible vote cast for a candidate or party in an election.

Payment under this division is subject to a threshold requirement (see s 208).

The prescribed amount is—

for an election held in the 6-month period beginning on 1 July 2016—$8; and

for an election held in a subsequent 6-month period—the prescribed amount for the period worked out under this section.

The commissioner must work out the prescribed amount for the 6‑month period beginning on 1 January 2013 and for each subsequent 6-month period.

The prescribed amount must be worked out as follows:

for a 6-month period beginning on 1 January—

for a 6-month period beginning on 1 July—

The prescribed amount, and each number used to work out the prescribed amount, must be worked out—

if the amount or number, if worked out to 4 decimal places, would end with a number greater than 4—to 3 decimal places and increased by 0.001; and

in any other case—to 3 decimal places.

If the Australian statistician publishes an index number for a quarter in substitution for an index number previously published for that quarter, the commissioner must disregard the publication of the later index number for this section.

However, if the Australian statistician changes the reference base for the consumer price index, then, in applying this section after the change, the commissioner must have regard only to index numbers published in terms of the new reference base.