Adjustment of administrative funding amounts
5 Adjustment of administrative funding amounts
Each of the adjustable amounts specified in a provision of Part 5, Division 2 is to be adjusted for inflation as provided by this clause.
The adjustable amounts that are to apply for the 2019 calendar year are to be determined by multiplying the adjustable amounts specified in a provision of Part 5, Division 2 by the annual increase in the Consumer Price Index during the previous calendar year.
The adjustable amounts that are to apply for a subsequent calendar year are to be determined by multiplying the adjustable amounts that applied for the previous calendar year by the annual increase in the Consumer Price Index during that previous calendar year.
The annual increase in the Consumer Price Index during a calendar year is to be calculated as B/A where—
A is the Consumer Price Index number for the last quarter for which such a number was published before the start of the calendar year.
B is the Consumer Price Index number for the last quarter for which such a number was published before the end of the calendar year.
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 calendar year (as adjusted under this Schedule) before the start of the calendar year.
Editorial note—
For the latest notice under this subclause, see the Electoral Funding (Adjustable Amounts) (Administrative Funding) Notice 2025.
This Act’s bill:Explanatory memorandumSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.