Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Election funding is payable in relation to a candidate under this section if:
(a) the candidate is neither:
(i) endorsed by a registered political party; nor
(ii) in the case of a Senate election--a member of a group; and
(b) the total number of formal first preference votes given for the candidate in the election 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 candidate is:
(a) the amount worked out by multiplying $2.801 by the number of formal first preference votes given for the candidate in the election, based on formal first preference 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 paragraph (a); and
(ii) the amount of electoral expenditure that is claimed in respect of the candidate for the election, and accepted by the Electoral Commission under section 298C.
Note: The dollar amounts specified in paragraphs (2)(a) and (b) are indexed under section 321.
(3) The amount worked out under paragraph (2)(a) is based on formal first preference 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
(b) if the amount is to be paid under Subdivision C--a determination on the candidate's interim claim or final claim (as the case requires) for election funding is made by the Electoral Commission.