71 Indexing relevant amounts

7-1 Indexing relevant amounts

(1) Each of the amounts mentioned in subsections 1-9(1), 1-10(1) and (2), 1‑12(1), (2) and (3), 1-13(1) and 1-14(1), and paragraph 7‑23(3)(b), is to be indexed on the first day of each calendar year starting on or after 1 January 2027 by multiplying the amount by its indexation factor for 1 January in the preceding financial year.

Note 1: Section 1-9 of this instrument provides a threshold for the combined acquirer/target revenue test.

Note 2: Section 1-10 sets a threshold for the tier-1 acquired shares or assets revenue test and the tier-2 acquired shares or assets revenue test.

Note 3: Section 1-12 provides a threshold for the tier-1 transaction value test, the tier-2 transaction value test, and the tier-3 transaction value test.

Note 4: Section 1-13 sets a threshold for the very large corporate group revenue test.

Note 5: Section 1-14 provides a threshold for the small acquisition test.

Note 6: Section 7-23 is about fees for Tribunal review.

(2) The indexation factor for 1 January in a financial year is the number worked out as follows:

Method statement

Step 1. Determine the GDP implicit price deflator value for the previous calendar year.

Step 2. Determine the GDP implicit price deflator value for the calendar year immediately prior to the calendar year referred to in step 1.

Step 3. The indexation factor for 1 January in the financial year is the amount under step 1 divided by the amount under step 2.

(3) The indexation factor is to be worked out to 3 decimal places, rounding up if the fourth decimal place is 5 or more. (4) Amounts indexed in accordance with this section must be rounded to the nearest $100,000 (rounding $50,000 upwards). (5) An amount should not be indexed under subsection (1) if the indexation factor is 1 or less.