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CHILD SUPPORT (REGISTRATION AND COLLECTION) (OVERSEAS-RELATED MAINTENANCE OBLIGATIONS) REGULATIONS 2000 2000 NO. 80 - REG 33
Conversion of currency — overseas orders and agreements
- (1)
- A maintenance order made by a judicial authority of a reciprocating
jurisdiction (other than New Zealand), or a maintenance agreement registered
by a judicial or administrative authority of a reciprocating jurisdiction
(other than New Zealand), that refers to an amount of money expressed in the
currency of the reciprocating jurisdiction (or the country in which that
jurisdiction is located) is taken to refer to the equivalent amount in
Australian currency on the day on which the liability arising under the
maintenance order or agreement is registered.
- (2)
- The equivalent amount in
Australian currency must be determined on the basis of the telegraphic
transfer rate of exchange prevailing on the day on which the liability arising
under the maintenance order or agreement is registered.
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