Document ID: chunk:federal_register_of_legislation:F2024C01250:reg:11
Version: federal_register_of_legislation:F2024C01250
Segment Type: reg
Provision Reference: reg 11
Character Range: 17628–18664

11  Threshold amount
 (1) For the purposes of subsections 25(6), 26(6), 27(6), 27A(6), 28(6), 28A(6) and 29(6) of the Act, the threshold amount on a day is:
where:
commencement GDP deflator is the sum of the index numbers for the last 4 quarters before the commencement of this instrument.
index number, for a quarter, means the Implicit Price Deflator for Expenditure on Gross Domestic Product published by the Australian Statistician for that quarter.
most recent GDP deflator is the sum of the index numbers for the most recent 4 quarters for which index numbers have been published.
 (2) Amounts are to be worked out under this section:
 (a) using only the index numbers published in terms of the most recently published index reference period for the Implicit Price Deflator for Expenditure on Gross Domestic Product; and
 (b) disregarding index numbers published in substitution for previously published index numbers (except where the substituted numbers are published to take account of changes in the index reference period).