72Calculation of initial payment

72 Calculation of initial payment S. 72(1) substituted by No. 38/2025 s. 37. (1) An initial payment under section 71 must be calculated in accordance with the formula— **I** is the amount in dollars to be paid to the eligible person; **CPIi** is the all groups consumer price index for Melbourne in original terms for the most recent reference period published by the Australian Bureau of Statistics; **CPIii** is the all groups consumer price index for Melbourne in original terms for the reference period in the calendar year 2024 that corresponds to the reference period referred to in CPIi most recently published by the Australian Bureau of Statistics; **W** is— (a) in the case of a relevant transmission interest that has a width of 100 metres or less—8000; or (b) in the case of a relevant transmission interest that has a width of more than 100 metres—16 000; **L** is the length in kilometres of the relevant transmission interest. (2) For the purposes of subsection (1)— (a) the width of the relevant transmission interest must be measured at the widest part of that interest; and (b) if the length of the relevant transmission interest is less than 0∙1 kilometres, L is taken to be 0∙1 kilometres. S. 73 inserted by No. 15/2024 s. 10.