Western Australian Current Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

ELECTORAL ACT 1907 - SECT 175LC

175LC .         Election funding reimbursement amount, calculation of

        (1)         The election funding reimbursement amount —

            (a)         is taken, as at 30 June 2006, to have been $1.39413; and

            (b)         thereafter is the amount worked out, to 5 decimal places, under subsection (2).

        (2)         The election funding reimbursement amount is taken to have been adjusted on 1 July 2006 and is to be adjusted for each subsequent financial year on 1 July of that financial year using the formula —


                where —

        A is the election funding reimbursement amount immediately before 1 July in a year; and

        B is the CPI number published for the March quarter in the year; and

        C is the CPI number published for the March quarter in the previous year.

        (3)         In subsection (2) —

        CPI means the all groups consumer price index for Perth published by the Australian Statistician referred to in section 5 of the Australian Bureau of Statistics Act 1975 of the Commonwealth.

        (4)         If, for a particular financial year, adjustment of the election funding reimbursement amount would reduce the amount, the amount is not to be adjusted for the year.

        (5)         If an amount would, if calculated to 6 decimal places, end with a number more than 4, the amount is taken to be the amount calculated to 5 decimal places and increased by 0.00001.

        [Section 175LC inserted: No. 55 of 2006 s. 6.]



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback