Australian Capital Territory Repealed Acts

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This legislation has been repealed.

HEALTH PROMOTION ACT 1995 (REPEALED) - SECT 24A

Amount transferable under s 24 (2) (a)

    (1)     In this section:

"annual CPI number", in relation to a period of 12 months ending on 31 March, means the total of the index numbers, each of which is published by the Australian Statistician in relation to a quarter in the period.

"index number" means an all groups consumer price index number, being the weighted average of the 8 Australian capital cities, published by the Australian statistician in relation to a quarter.

    (2)     Subject to this section, the applicable amount for a financial year is the amount worked out as follows:

        (a)     for the financial year beginning on 1 July 1998—the amount of $2 149 000;

        (b)     for a later financial year—the amount transferred under section 24 (2) (a) in relation to the previous financial year.

    (3)     Subsection (4) applies in relation to a financial year if the annual CPI number for the period of 12 months ending on 31 March in the calendar year in which the financial year begins is greater than the annual CPI number for the period of 12 months ending on 31 March in the previous calendar year.

    (4)     If this subsection applies in relation to a financial year—

        (a)     subsection (2) does not apply in relation to the financial year; and

        (b)     the amount transferable under section 24 (2) (a) in relation to the financial year is the amount worked out in accordance with the following formula:

1995-4301.jpg

where:

    "A" means the amount that would have been transferable under section 24 (2) (a) in relation to the financial year if subsection (2) had applied, instead of this subsection, in relation to the financial year.

    "B" means the annual CPI number for the period of 12 months ending on 31 March in the calendar year in which the financial year begins.

    "C" means the annual CPI number for the period of 12 months ending on 31 March in the previous calendar year.

    (5)     For the formula in subsection (4)—

        (a)     the factor obtained from the component ‘B ÷ C' must be calculated to 3 decimal places; and

        (b)     the product must be calculated to the nearest whole dollar.

    (6)     Subject to subsection (7), if at any time, whether before or after the commencement of this Act, the Australian statistician has published or publishes an index number in relation to an index year in substitution for an index number previously published in relation to the same index year, the publication of the later index number must be disregarded for this section.

    (7)     If at any time, whether before or after the commencement of this Act, the Australian statistician has changed or changes the reference base for the consumer price index, then, for the application of this section after the change, regard must be had only to the index number published in terms of the new reference base.



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