Save Search

Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Electoral and Referendum Amendment (Improving Electoral Procedure) Bill 2012

Bill home page  


Download WordDownload Word


Download PDFDownload PDF

7281

2010-2011-2012-2013

 

The Parliament of the

Commonwealth of Australia

 

THE SENATE

 

 

 

 

Electoral and Referendum Amen dment (Improving Electoral Procedure) Bill 2012

 

 

( 1 )     Schedule  2 , items  4 and 5 , page 19 (lines 6 to 9) , omit the items, substitute:

4  Subsection 170(3)

Repeal the subsection, substitute:

             (3)  For the purposes of paragraphs (2)(b) and (c), the sum to be deposited by or on behalf of a person nominated for an election (the nomination fee ) is:

                     (a)  to be determined using the table in this subsection; and

                     (b)  to be in legal tender or in a cheque drawn by a bank or other financial institution on itself.

 

Nomination fee

Item

If the writ for the election is issued in…

the nomination fee for a person nominated as a Senator is…

the nomination fee for a person nominated as a member of the House of Representatives is…

1

the financial year starting on 1 July 2013

$1,250

$625

2

the financial year starting on 1 July 2014

$1,500

$750

3

the financial year starting on 1 July 2015

$1,750

$875

4

the financial year starting on 1 July 2016

$2,000

$1,000

5

an indexation year (see subsection (8))

(a) if the indexation factor for the indexation year is greater than 1—the nomination fee for the indexation year worked out under subsection (4); or

(b) otherwise—the nomination fee for the previous financial year for a person nominated as a Senator

(a) if the indexation factor for the indexation year is greater than 1—the nomination fee for the indexation year worked out under subsection (4); or

(b) otherwise—the nomination fee for the previous financial year for a person nominated as a member of the House of Representatives

             (4)  The nomination fee for an indexation year is the amount (rounded down to the nearest dollar) worked out using the following formula:

 

 

where:

indexation factor means the indexation factor for the indexation year under subsection (5).

nomination fee for previous financial year means:

                     (a)  for a person nominated as a Senator—the nomination fee for the previous financial year for a person nominated as a Senator; and

                     (b)  for a person nominated as a member of the House of Representatives—the nomination fee for the previous financial year for a person nominated as a member of the House of Representatives.

             (5)  The indexation factor for an indexation year is the number worked out using the following formula:

where:

index number , for a quarter, means the All Groups Consumer Price Index number, being the weighted average of the 8 capital cities, published by the Australian Statistician in respect of the quarter.

             (6)  The indexation factor is to be calculated to 3 decimal places, but increased by .001 if the fourth decimal place is more than 4.

             (7)  Calculations under subsection (5):

                     (a)  are to be made using only the index numbers published in terms of the most recently published reference base for the Consumer Price Index; and

                     (b)  are to be made disregarding index numbers that are published in substitution for previously published index numbers (except where the substituted numbers are published to take account of changes in the reference base).

             (8)  In this section:

indexation year means the financial year starting on 1 July 2017, and each subsequent financial year.

[indexation of nomination fee]