Document ID: chunk:federal_register_of_legislation:C2025C00167:section:5:p6
Version: federal_register_of_legislation:C2025C00167
Segment Type: section
Provision Reference: s 5 (pt 6/12)
Character Range: 55712–58383

maintenance of a person that has been registered in, or approved by, a court in Australia or an external Territory;
but does not include a financial agreement, or Part VIIIAB financial agreement, within the meaning of the Family Law Act 1975 or a financial agreement within the meaning of Part 5A of the Family Court Act 1997 (WA).
maintenance order means:
 (a) an order relating to the maintenance of a person, including an order relating to the payment of arrears of maintenance, that is made or registered under a law of the Commonwealth or of a State or Territory; or
 (b) an assessment made under the Child Support (Assessment) Act 1989.
modifications includes additions, omissions and substitutions.
National Personal Insolvency Index means the Index of that name established under the regulations.
net value, in relation to property, means:
 (a) if the property is unencumbered—the value of the property;
 (b) if the property is encumbered and the unencumbered value of the property exceeds the amount or value of the encumbrances—the amount of the excess; or
 (c) in any other case—a nil amount.
net worth, in relation to an entity, in relation to a time, means:
 (a) if the entity is a trust and the total value of the trust property as at that time exceeds the total of the amounts of the trustee's liabilities as at that time (other than liabilities constituted by the rights of persons as beneficiaries under the trust)—the amount of the excess;
 (b) if the entity is not a trust and the total value of the entity's assets as at that time exceeds the total of the amounts of the entity's liabilities as at that time—the amount of the excess; or
 (c) in any other case—a nil amount.
oath includes affirmation and statutory declaration.
offence against this Act includes an offence against section 137.1 or 137.2 of the Criminal Code, being an offence that relates to this Act.
officer means an officer of the Court or of the Commonwealth.
Official Receiver includes a person acting as an Official Receiver.
Official Trustee means the Official Trustee in Bankruptcy.
operations, in relation to an entity, means all of the following:
 (a) the business, trading, transactions and dealings of the entity:
 (i) whether alone or jointly with another entity or other entities; and
 (ii) whether or not as agent, bailee or trustee;
 (b) the profits, income and receipts of the entity;
 (c) the losses, outgoings and expenditure of the entity.
parent: a person is the parent of anyone who is the person's child.
pecuniary penalty order means:
 (a) a pecuniary penalty order made under a proceeds of crime law; or
 (b) a literary proceeds order within the meaning of the