97Indexation of amount for small associate pension

97 Indexation of amount for small associate pension

(1) If the all groups consumer price index number for the weighted average of the 8 capital cities published by the Statistician in respect of the March quarter or September quarter of the half‑year immediately before the date of the indexation (factor A) exceeds the highest all groups consumer price index number for the weighted average of the 8 capital cities published by the Statistician in respect of the March quarter or September quarter of any earlier half‑year, not being a half‑year earlier than the half‑year that commenced on 1 January 2004 (factor B), the amount is increased at the rate worked out in accordance with subrule (2). (2) The rate is A – B, expressed as a percentage of B.