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National Electricity (Victoria) Act 2005
78Calculation of subsequent payments—public land
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78 Calculation of subsequent payments—public land
A payment under section 77 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 76 or 77 (as appropriate) for the previous relevant year.
Division 4—General
S. 79 inserted by No. 15/2024 s. 10.