Document ID: chunk:federal_register_of_legislation:F2024C00687:reg:21
Version: federal_register_of_legislation:F2024C00687
Segment Type: reg
Provision Reference: reg 21
Character Range: 55618–56963

21  Conversion of currency
 (1) If the Child Support Registrar has calculated the amount in Australian currency (the Australian amount) that is equivalent to an amount expressed in a currency of an overseas country in a document to which this regulation applies, the calculation done by the Child Support Registrar also applies for these Regulations.
 (2) If the Child Support Registrar has not done the calculation mentioned in subregulation (1), the calculation must be done in the way set out in this regulation.
 (3) The Australian amount is calculated by using the telegraphic transfer rate of exchange prevailing on the day on which the order, agreement or liability relevant to the document becomes enforceable in Australia.
 (4) If the Secretary calculates the Australian amount for a document to which this regulation applies, the Secretary must endorse on the document the rate of exchange used for the calculation.
 (5) This regulation applies to the following documents:
 (a) an overseas maintenance order (including a provisional order);
 (b) an overseas maintenance agreement;
 (c) a document about an overseas maintenance entry liability for Division 2 in Part III;
 (d) a certificate or notice, originating in an overseas jurisdiction, about an overseas maintenance order or agreement.

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