Indexation of cost limitations - Victorian Legal Services Board + Commissioner

Indexation of cost limitations

The Uniform Law contains provisions which refer to a $ (dollar) amount which is to be indexed. For example,

  • the dollar limits for costs disputes which the Commissioner can accept (see s.291(1)(a)), and
  • the dollar limit on which the Commissioner can make a determination (see s.292(2)(b) and 293(2)(b)(i)).

The Uniform Law specifies that these dollar amounts are to be indexed reflecting the Consumer Price Index (see s.471) or on another basis as specified in the Uniform Rules.

The Commissioner has identified the following indexation rates which apply to the legislated limitations on cost disputes and Commissioner Determinations.

 

Provisions of Uniform Law that refer to base amount Adjusted amounts per quarter[1]
Q1[2]

Jun-Sep 15 (0.5%)

$

Q2[3]

Sep-Dec 15 (0.4%)

$

Q3[4]

Dec 15-Mar 16 (-0.2%)

$

Q4[5]

Mar-Jun 16 (0.4%)

$

Q5[6]

Jun-Sep 16 (0.7%)

$

Q6[7]

Sep-Dec 16 (0.5%)

$

Q7[8]

Dec 16-Mar 17 (0.5%)

$

$100,000

s.291(1)(a), (b)

100,500 100,900 100,700 101,100 101,800 102,300 102,800
$10,000

s.291(1)(b)

s.292(2)(b)

s.292(3)

s.293(2)(b)(i), (ii)

10,050 10,090 10,070 10,110 10,180 10,230 10,280
Amended figures apply to consumer matter complaints made on or after: 1 October 2015 1 January 2016 1 April 2016 1 July 2016 1 October 2016 1 January 2017 1 April 2017

[1] The “All groups CPI – weighted average of eight capital cities” figures published since the introduction of the Uniform Law can be found at the Australian Bureau of Statistics website.

[2] Adjustment from Column 1 base figure: 0.5%

[3] Adjustment from Column 1 base figure: 0.9%

[4] Adjustment from Column 1 base figure: 0.7%

[5] Adjustment from Column 1 base figure: 1.1%

[6] Adjustment from Column 1 base figure: 1.8%

[7] Adjustment from Column 1 base figure: 2.3%

[8] Adjustment from Column 1 base figure: 2.8%.

Last modified June 19, 2017.