Electoral Act 1992

The amount of an election participant’s expenditure cap for an election—

is adjusted under this section 30 days after the polling day for a general election (the recent general election); and

as adjusted under this section applies for each election that is held until the amount is next adjusted under this section.

The election participant’s expenditure cap is adjusted to the amount worked out using the following formula—where—A means the amount of the expenditure cap immediately before it is adjusted under this section.B means the CPI number published for the last quarter that ended before the polling day for the recent general election.C means the CPI number for the last quarter that ended before the polling day for the previous general election.

The commission must publish the amount of an election participant’s expenditure cap as adjusted under this section on its website as soon as practicable after it is adjusted.

In this section—previous general election means the general election that was last held before the recent general election.quarter means the following periods in a year—

1 January to 31 March;

1 April to 30 June;

1 July to 30 September;

1 October to 31 December.