233Calculation of indexation factor for a financial year

#### 233 Calculation of indexation factor for a financial year 233 Calculation of indexation factor for a financial year > > (1) For the purposes of this Part, the indexation factor for a financial year is to be worked out using the following formula— > > > > %20AND%20(No%3D0653)%20AND%20(Year%3D2011)%20AND%20(%22Historical%20Document%22%3D0))/g2.gif) > > 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 Bureau of Statistics for that quarter; > > > > most recent March year means the period of 12 months ending on 31 March in the immediately preceding financial year; > > > > previous March year means the period of 12 months immediately preceding the most recent March year; > > > > quarter means a period of 3 months ending on 31 March, 30 June, 30 September or 31 December. > > > (2) The result worked out under subregulation (1) must be rounded up or down to 3 decimal places, rounding up if the result ends in 0.0005. > > > (3) A calculation under subregulation (1) is to be made— > > > > > (a) using the index numbers published in terms of the most recently published reference base for the Consumer Price Index; and > > > > > (b) disregarding index numbers that are published in substitution for previously published index numbers (unless the substituted numbers are published to take account of changes in the reference base). > > **Reg 233:** Subst 2023 (165), reg 34.