Acts and Regulations

P-9.3 - Political Process Financing Act

Section 77.1
Disposition versions

Full text
Adjusted amounts
77.1(1)The monetary amounts set out in section 77 shall be adjusted on January 1, 1988, and on January 1 in every succeeding year, by multiplying each of the amounts by the ratio that the Consumer Price Index for the twelve month period that ended on the thirtieth day of September before that year bears to the Consumer Price Index for the twelve month period that ended on the 30th day of September, 1986.
77.1(2)When an amount calculated under subsection (1) is not a multiple of one cent, it shall be rounded to the nearest multiple of one cent or, if it is equidistant from two such multiples, to the higher thereof.
77.1(3)For the purpose of this section, the Consumer Price Index for any twelve month period is the result arrived at by
(a) aggregating the Consumer Price Index for Canada, as published by Statistics Canada under the authority of the Statistics Act (Canada) for each month of that period,
(b) dividing the aggregate obtained under paragraph (a) by twelve, and
(c) rounding the result obtained under paragraph (b) to the nearest one-thousandth or, if the result is equidistant from two one-thousandths, to the higher thereof.
1986, c.65, s.4; 1987, c.6, s.81; 2017, c.28, s.42
Adjusted amounts
77.1(1)The monetary amounts set out in section 77 shall be adjusted on January 1, 1988, and on January 1 in every succeeding year, by multiplying each of the amounts by the ratio that the Consumer Price Index for the twelve month period that ended on the thirtieth day of September next before that year bears to the Consumer Price Index for the twelve month period that ended on the 30th day of September, 1986.
77.1(2)When an amount calculated under subsection (1) is not a multiple of one cent, it shall be rounded to the nearest multiple of one cent or, if it is equidistant from two such multiples, to the higher thereof.
77.1(3)For the purpose of this section, the Consumer Price Index for any twelve month period is the result arrived at by
(a) aggregating the Consumer Price Index for Canada, as published by Statistics Canada under the authority of the Statistics Act, chapter S-16 of the Revised Statutes of Canada, 1970, for each month of that period,
(b) dividing the aggregate obtained under paragraph (a) by twelve, and
(c) rounding the result obtained under paragraph (b) to the nearest one-thousandth or, if the result is equidistant from two one-thousandths, to the higher thereof.
1986, c.65, s.4; 1987, c.6, s.81
Adjusted amounts
77.1(1)The monetary amounts set out in section 77 shall be adjusted on January 1, 1988, and on January 1 in every succeeding year, by multiplying each of the amounts by the ratio that the Consumer Price Index for the twelve month period that ended on the thirtieth day of September next before that year bears to the Consumer Price Index for the twelve month period that ended on the 30th day of September, 1986.
77.1(2)When an amount calculated under subsection (1) is not a multiple of one cent, it shall be rounded to the nearest multiple of one cent or, if it is equidistant from two such multiples, to the higher thereof.
77.1(3)For the purpose of this section, the Consumer Price Index for any twelve month period is the result arrived at by
(a) aggregating the Consumer Price Index for Canada, as published by Statistics Canada under the authority of the Statistics Act, chapter S-16 of the Revised Statutes of Canada, 1970, for each month of that period,
(b) dividing the aggregate obtained under paragraph (a) by twelve, and
(c) rounding the result obtained under paragraph (b) to the nearest one-thousandth or, if the result is equidistant from two one-thousandths, to the higher thereof.
1986, c.65, s.4; 1987, c.6, s.81