Document ID: chunk:federal_register_of_legislation:C2012A00007:clause:3_154
Version: federal_register_of_legislation:C2012A00007
Segment Type: clause
Provision Reference: sch 3 cl 154
Character Range: 121667–122399

154  After subsection 3(1)
Insert:
 (1A) In determining, for the purpose of a request by a foreign country, the Australian dollar equivalent of a fine (whether expressed as an amount or by way of penalty units) or pecuniary penalty (however described) that may be imposed on a person for an offence to which the request relates, the fine or penalty is to be translated to Australian currency:
 (a) in relation to a country for which the Australian Tax Office publishes exchange rates—at the daily exchange rate listed on the Australian Tax Office website that applies on the day on which the request is received; and
 (b) in relation to any other country—at the exchange rate that applies at the time when the request is received.