54Limit on certain expenses

54 Limit on certain expenses

(1) International travel expenses prescribed by this Subdivision for a financial year are limited to a total of the value of one first class round‑the‑world airfare.

Note: Section 37 provides for IPEA to determine the value of a first class round‑the‑world airfare.

Adjusting the limit (2) If, during the financial year, a person becomes the leader of a minority party because the person’s party becomes a minority party, the limit is to be adjusted in accordance with the following formula: start formula Limit for the financial year times start fraction Number of days left in the financial year after the party becomes a minority party over 365 end fraction end formula. (3) An adjusted limit must be rounded up to the nearest dollar. Expenses of one staff member may be disregarded (4) For the purposes of this section, the international travel expenses of one staff member accompanying the leader of the minority party may be disregarded.