Electoral Funding Act 2018

Each of the adjustable amounts specified in sections 67 and 69 is to be adjusted for inflation as provided by this clause.

An election period means the period between the dates of the return of the writs of successive State general elections.

The adjustable amounts that are to apply for the 2027–2031 election period are to be determined by multiplying the adjustable amounts specified in sections 67 and 69 by the increase in the Consumer Price Index during the election period—

commencing on the date of the return of the writs of the 2023 State general election, and

ending on the date of the return of the writs of the 2027 State general election.

The adjustable amounts that are to apply for a subsequent election period are to be determined by multiplying the adjustable amounts that applied for the previous election period by the increase in the Consumer Price Index during the previous election period.

The increase in the Consumer Price Index during an election period is to be calculated as B/A where—

If B/A is less than 1 (as a result of deflation), B/A is deemed to be 1.

The Electoral Commission is to publish notice on the NSW legislation website and its website of the amount of each adjustable amount for a State general election (as adjusted under this Schedule) before the start of the State election period concerned.