Document ID: chunk:federal_register_of_legislation:C2018A00147:clause:1_293
Version: federal_register_of_legislation:C2018A00147
Segment Type: clause
Provision Reference: sch 1 cl 293
Character Range: 46888–49207

293  Election funding for registered political parties
 (1) Election funding is payable in relation to a registered political party under this section for an election if either of the following applies:
 (a) in respect of a candidate whom the party endorses in a House of Representatives election, or in a Senate election and who is not a member of a group—the total number of formal first preference votes given for the candidate is at least 4% of the total number of formal first preference votes cast in the election;
 (b) in respect of candidates whom the party endorses in a Senate election and who are members of a group—the total number of formal first preference group votes given for the candidates is at least 4% of the total number of formal first preference votes cast in the election.
Note: A claim must be made for election funding of more than $10,000 to be paid (see section 297).
 (2) The amount of election funding that is payable in relation to the party is:
 (a) the total of the following:
 (i) $2.73454 for each formal first preference vote given for a candidate in relation to whom paragraph (1)(a) is satisfied;
 (ii) $2.73454 for each formal first preference group vote in respect of a group in relation to which paragraph (1)(b) is satisfied;
  based on formal first preference votes and formal first preference group votes counted as at the day mentioned in subsection (3); or
 (b) if the amount worked out under paragraph (a) is more than $10,000—the lesser of:
 (i) the amount worked out under that paragraph; and
 (ii) the amount of electoral expenditure that is claimed in respect of the registered political party for all elections held that day, and accepted by the Electoral Commission under section 298C.
Note: The amounts in subparagraphs (2)(a)(i) and (ii) and paragraph (b) are indexed under section 321.
 (3) The amount worked out under paragraph (2)(a) is based on formal first preference votes and formal first preference group votes counted as at the day:
 (a) if the amount is to be paid under Subdivision BA—that is 20 days after the polling day for the election or elections; or
 (b) if the amount is to be paid under Subdivision C—a determination on the party's interim claim or final claim (as the case requires) for election funding is made by the Electoral Commission.