212HCharges to be adjusted for CPI

212H Charges to be adjusted for CPI

S. 212H(1) amended by Nos 44/2014 s. 33(Sch. item 2(1)), 49/2019 s. 137, 11/2026 s. 157.

(1) Subject to subsection (2), an amount of a charge determined under section 211 must be varied, in respect of each financial year, in accordance with the formula—

where—

A is the amount of the charge for the financial year immediately preceding the relevant year;

B is the all groups consumer price index for Melbourne in original terms for the reference period in which falls the March quarter of the financial year immediately preceding the relevant year last published by the Australian Bureau of Statistics before the relevant year;

C is the all groups consumer price index for Melbourne in original terms for the corresponding reference period one year earlier than the reference period referred to in B last published by the Australian Bureau of Statistics before the relevant year.

(2) If it is necessary for the purposes of this section to calculate an amount that consists of or includes a fraction of a whole dollar, the amount is taken to be calculated in accordance with this section if the calculation is made to the nearest whole 10 cents.

(3) If the variation under subsection (1) of the amount of a charge would reduce the amount of that charge, the amount of the charge must not be varied under subsection (1).

S. 212H(4) amended by No. 49/2019 s. 140(Sch. 2 item 150).

(4) If the amount of a charge is varied under subsection (1), the Secretary must publish a notice in the Government Gazette specifying—

(a) the service to which the charge relates; and

(b) the amount of the charge as varied; and

(c) the date from which the charge as varied applies.

S. 212H(5) substituted by No. 44/2014 s. 33(Sch. item 2(2)).

(5) In this section, relevant year means the financial year for which the adjusted amount is being varied.

Pt 7A Div. 4 (Heading and ss 212I–212K) inserted by No. 40/2011 s. 18.

Division 4—Offences

S. 212I inserted by No. 40/2011 s. 18.