What is policy development funding?
Policy development funding is public money administered by the VEC to support eligible RPPs with policy development.
When is an RPP eligible for policy development funding?
RPPs are eligible to receive policy development funding in a calendar year if they:
- were not eligible for public funding or administrative expenditure funding for that year
- were registered as a political party for the whole calendar year.
When is an RPP entitled to policy development funding?
An RPP is entitled to policy development funding once its Registered Officer submits a policy development funding statement showing the RPP incurred policy development costs in the calendar year and an audit certificate. The audit certificate must be completed by a registered company auditor.
There are penalties of up to 300 penalty units or two years' imprisonment for giving false or misleading information in a statement.
The audit certificate must state that the auditor:
- was given full and free access at all reasonable times to all accounts, records, documents and papers relating directly or indirectly to any matter required to be specified in the policy development funding statement
- examined the material referred to in paragraph 1 for the purpose of giving the certificate
- received all information and explanations that the auditor requested in respect of any matter required to be specified in the policy development funding statement
- has no reason to believe that any matter stated in the policy development funding statement is not correct.
The registered company auditor can use this audit certificate template (PDF).
The Registered Officer must apply for policy development funding in writing to the VEC's Funding and Disclosure Unit within 20 weeks of the end of the calendar year. We will provide an RPP with the application form if it is eligible.
How much policy development funding can an RPP receive?
An RPP which meets the eligibility criteria is entitled to receive either:
- a lump sum as scheduled in the Act
- a payment based on the number of first preference votes received in the previous state election.
Both these baseline amounts are indexed annually in line with the Consumer Price Index. For current amounts see our Indexation page.
If the statement shows the RPP has spent less than the entitlement, we will pay only the amount spent. If the statement shows the RPP has spent more than the entitlement, we will pay the entitlement amount only.
How and when does the VEC pay policy development funding to RPPs?
We pay policy development payments within 30 days of receiving the RPP's completed statement of expenditure and audit certificate.
What can RPPs use policy development funding for?
An RPP can use policy development funding for costs associated with State policy development. This may include:
- office accommodation for policy development
- staff employed for policy development
- equipment for policy development (e.g. IT systems, vehicles, office stationery, etc.)
- interest charges on loans for policy development
- utilities for policy development
- travel related to policy development
- advertising related to policy development
- activities associated with policy development (e.g. conferences, seminars, meetings, providing information to members and supporters)
- costs incurred for policy development applications (including staff time, audit cost, etc.).
For more information, visit Determinations.
What can't an RPP use policy development funding for?
An RPP cannot use policy development funding for a State election campaign (i.e. political and electoral expenditure).
Payments of policy development funding must not be paid into any State campaign account(s).