(b) if an amount has been calculated in accordance with this formula and that amount is greater than $25 000, the amount as last calculated; B is the all groups consumer price index for Melbourne in original terms for the most recent reference period in the preceding calendar year most recently published by the Australian Bureau of Statistics as at 15 June immediately preceding the date on which the variation is made; C is the all groups consumer price index for Melbourne in original terms for the corresponding reference period one year earlier than the reference period referred to in B published by the Australian Bureau of Statistics as at 15 June immediately preceding the date on which the variation is made. (2) If the threshold amount has been calculated under subsection (1) and— (a) the threshold amount is reduced, the reduced amount does not take effect, except for the purpose of the application of the formula under this section in the following year; or (b) if, in the next or subsequent financial year the threshold is increased following a reduction referred to in paragraph (a), that amount has effect as an increase only to the extent (if any) that— (i) the amount of the increase exceeds the amount of the reduction in the previous financial year; or
(b) if an amount has been calculated in accordance with this formula and that amount is greater than $25 000, the amount as last calculated; B is the all groups consumer price index for Melbourne in original terms for the most recent reference period in the preceding calendar year most recently published by the Australian Bureau of Statistics as at 15 June immediately preceding the date on which the variation is made; C is the all groups consumer price index for Melbourne in original terms for the corresponding reference period one year earlier than the reference period referred to in B published by the Australian Bureau of Statistics as at 15 June immediately preceding the date on which the variation is made. (2) If the threshold amount has been calculated under subsection (1) and— (a) the threshold amount is reduced, the reduced amount does not take effect, except for the purpose of the application of the formula under this section in the following year; or (b) if, in the next or subsequent financial year the threshold is increased following a reduction referred to in paragraph (a), that amount has effect as an increase only to the extent (if any) that— (i) the amount of the increase exceeds the amount of the reduction in the previous financial year; or
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