Victorian Numbered Acts

PARLIAMENTARY AND PUBLIC ADMINISTRATION LEGISLATION AMENDMENT ACT 2013 (NO. 37 OF 2013) - SECT 3

See:
Act No.
7723.
Reprint No. 10
as at
10 September 2009
and amending
Act Nos
41/2007, 4/2009, 13/2010, 40/2010, 37/2011, 46/2011 and 34/2012.
LawToday:
www.
legislation.
vic.gov.au

    (1)     In section 3 of the Parliamentary Salaries and Superannuation Act 1968 , for the definition of basic salary substitute —

""basic salary" means—

        (a)     in respect of the financial year commencing 1 July 2013, the amount of $140 973;

        (b)     in respect of the financial year commencing 1 July 2014, an amount (calculated to the nearest dollar) equal to 102.5% of $140 973;

        (c)     in respect of the financial year commencing 1 July 2015 and each subsequent financial year, an amount (calculated to the nearest dollar) determined in accordance with the formula—

where—

        A     is the amount determined under paragraph (b) or, if that amount has been varied in accordance with this paragraph, that amount as last so varied;

        B     is the full-time adult average weekly ordinary time earnings of employees in Victoria for the November reference period in the preceding financial year as last published by the Australian Bureau of Statistics for that reference period;

        C     is the full-time adult average weekly ordinary time earnings of employees in Victoria for the November reference period of the financial year preceding the financial year referred to in B as last published by the Australian Bureau of Statistics for that reference period;".

    (2)     In section 3 of the Parliamentary Salaries and Superannuation Act 1968 insert the following definitions—

""general election" has the same meaning as it has in section 3 of the Electoral Act 2002 ;

"Presiding Officer" means the President or the Speaker;".