23Total expenditure for advertising

23 Total expenditure for advertising

(1)  For the purposes of section 278 of the Act, the total expenditure on electoral advertising by, or on behalf of, a candidate during the relevant period must not exceed the sum of –

(a) if the relevant period commences during the financial year commencing on 1 July 2018, the relevant amount for the candidate; or

(b) if the relevant period commences during a subsequent financial year, the amount calculated for that candidate in that financial year under subregulation (2) .

(2)  For the purposes of subregulation (1)(b) , the total expenditure for a subsequent financial year is calculated in accordance with the following formula and rounded off in accordance with subregulation (3):

Where –

A is the total expenditure for the relevant financial year being calculated;

B is the relevant amount for the candidate in respect of whom the total expenditure is being calculated;

C is the CPI figure for Hobart for the March quarter immediately preceding the relevant financial year in which the total expenditure is to apply;

D is the CPI figure for Hobart for the March quarter 2018.

(3)  If the value of the total expenditure calculated in accordance with subregulation (2) is not a multiple of $500, the amount is to be rounded off to the nearest multiple of $500.

(4)  In this regulation –

CPI figure for Hobart means the Consumer Price Index: All Groups Index Number for Hobart published by the Australian Statistician under the authority of the Census and Statistics Act 1905 of the Commonwealth;

relevant amount, for a candidate, means –