Recalculation of amounts under Part
175AC Recalculation of amounts under Part
In this section —
CPI number means the all groups consumer price index number for Perth published by the Australian Bureau of Statistics established by the Australian Bureau of Statistics Act 1975 (Commonwealth) section 5(1);
previous amount, in relation to a relevant amount, means that relevant amount applicable in the previous financial year;
relevant amount means —
the LA by-election cap amount; or
the LA candidate cap amount; or
the LC by-election cap amount; or
the LC candidate cap amount; or
the third‑party general cap amount; or
the third‑party LC cap amount; or
an expenditure cap for a third‑party campaigner that is —
specified in the Table to section 175SL(3); or
specified in section 175SM(3) or 175SN(3);
or
the higher reimbursement amount; or
the lower reimbursement amount; or
the specified amount.
For the financial year beginning on 1 July 2025 and each subsequent financial year, each relevant amount must be calculated on 1 July of that financial year using the formula —
where —
A is the previous amount for the relevant amount;
B is the CPI number published for the March quarter in the previous financial year or another number from a similar index nominated by the Electoral Commissioner under subsection (7);
C is the CPI number published for the March quarter in the financial year before the previous financial year or another number from a similar index nominated by the Electoral Commissioner under subsection (7).
However, if, for a particular financial year, a relevant amount calculated under subsection (2) is less than the previous amount for the relevant amount, the relevant amount for the financial year is the same as the previous amount.
If the calculation of a relevant amount other than the higher reimbursement amount or lower reimbursement amount for a financial year results in an amount that is not a whole number multiple of $100, the amount must be rounded up to the nearest whole number multiple of $100 and the amount as rounded is, subject to subsection (3), the relevant amount for the financial year.
If the calculation of the higher reimbursement amount or lower reimbursement amount for a financial year results in an amount that has more than 5 decimal places and the 6th decimal place is more than 4, the amount is, subject to subsection (3), the amount calculated to 5 decimal places and increased by 0.00001.
The Electoral Commissioner must publish each relevant amount for a financial year calculated under this section on the Commission website.
If the CPI number is not published for a March quarter for the previous financial year or the financial year before the previous financial year, the Electoral Commissioner may, by written notice published on the Commission website, nominate a number for the variables B and C in the formula in subsection (2) from a similar index.
[Section 175AC inserted: No. 30 of 2023 s. 114.]
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