Document ID: chunk:federal_register_of_legislation:F2024L01638:reg:104
Version: federal_register_of_legislation:F2024L01638
Segment Type: reg
Provision Reference: reg 104
Character Range: 132327–134201

104  Conversion of foreign currency—overseas maintenance order, agreement or liability
 (1) This section:
 (a) is made for the purposes of sections 110, 110A, 111 and 124A of the Act; and
 (b) applies for the purposes of the registration and enforcement in Australia of any of the following:
 (i) an overseas maintenance order (including a provisional order) or overseas maintenance agreement;
 (ii) an overseas maintenance liability, within the meaning of the Child Support (Registration and Collection) Act 1988, included in the Child Support Register under section 25A of that Act.
 (2) An amount expressed in a foreign currency in any of the following documents is taken to refer to the equivalent amount, expressed in Australian dollars, worked out under subsection (3):
 (a) the overseas maintenance order or overseas maintenance agreement, or a certificate or notice originating in an overseas jurisdiction about the order or agreement;
 (b) a document for the purposes of this Division about the overseas maintenance liability.
 (3) The equivalent amount is:
 (a) if an equivalent amount expressed in Australian dollars has been ascertained for the purposes of the Child Support Register established by the Child Support (Registration and Collection) Act 1988—that equivalent amount; or
 (b) otherwise—the equivalent amount, expressed in Australian dollars, converted using:
 (i) the international money transfer buying rate for the foreign currency, being the rate published by the Commonwealth Bank of Australia that applies to the foreign currency on the day on which the Secretary receives the document; or
 (ii) if no such rate is available for the foreign currency on that day—an exchange rate for the foreign currency that the Secretary considers appropriate.

Subdivision B—Confirmation of an overseas maintenance order made in a reciprocating jurisdiction