New Rule on Indexation starting 1 July 2019

Date issued: 3 June 2019

From 1 July 2019, the new rule on indexation, r 111 A of the Legal Profession Uniform General Rules 2015, will apply to amounts specified in ss 291-293 of the Uniform Law and s 99 of the Legal Profession Uniform Application Act 2014 (Vic). This rule ensures the Victorian and NSW Legal Services Commissioners, and the Victorian Civil and Administrative Tribunal, maintain their jurisdiction to determine costs disputes in line with inflation.

The Legal Profession Uniform Law (Indexed Amounts) Notice 2019 shows the actual indexed amounts that will apply to $10,000 ($10,685), $100,000 ($106,835) and $25,000 ($26,710) referred to in the Uniform Law from 1 July 2019 to 30 June 2020. 

The calculation of the indexed amounts is based on the latest CPI number published by the Australian Statistician and in accordance with r 111A of the Uniform General Rules.

For more information, please contact us on 02 9692 1300.