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National Electricity (Victoria) Act 2005
74Calculation of subsequent payments
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74 Calculation of subsequent payments
A payment under section 73 for a relevant year must be calculated in accordance with the formula—
**S** 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 last reference period in the preceding relevant year most recently published by the Australian Bureau of Statistics;
**CPIii** is the all groups consumer price index in original terms for Melbourne for the corresponding reference period one year earlier than the reference period referred to in CPIi most recently published by the Australian Bureau of Statistics;
**P** is the amount paid to the eligible person under section 71 or 73 (as appropriate) for the previous relevant year.
Division 3—Public land
S. 75 inserted by No. 15/2024 s. 10.