Commonwealth Consolidated Regulations

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CHILD SUPPORT (REGISTRATION AND COLLECTION) REGULATIONS 2018 - REG 21

Prescribed periodic deduction for veterans

  (1)   If a person:

  (a)   is a payer of an enforceable maintenance liability under section   17 of th e Act ; and

  (b)   is in receipt of a pension or allowance of a kind mentioned in paragraph   72AC(1)(b) of the Act;

then, for the purposes of paragraph   72AC(2)(c) of the Act, the prescribed periodic deduction from the person's pension or allowance is the lesser of:

  ( c )   3 times the minimum veterans rate for the pension period for the pension or allowance ; and

  ( d )   the amount of the enforceable maintenance liability payable for the pension period.

  (2)   If a person:

  (a)   has an unpaid child support debt; and

  (b)   is in receipt of a pension or allowance of a kind mentioned in paragraph   72AC(1)(b) of the Act;

then, for the purposes of subparagraph   72AC(2)(d)(i) of the Act, the prescribed periodic deduction from the person's pension or allowance is the lesser of:

  ( c )   3 times the minimum veterans rate for the pension period , less any amount to be deducted from the person 's pension or allowance under paragraph   72AC(2)(c) of the Act; and

  ( d )   the amount of the unpaid child support debt .

  (3)   The minimum veterans rate , for a pension period in a calendar year, is worked out as follows:

Method statement

Step 1.   Divide the minimum annual rate of child support by 365.25.

Step 2.   The amount worked out in s tep 1 must be rounded to 5 decimal places (rounding up if the sixth decimal place is 5 or more).

Step 3.   Multiply the amount worked out in s tep 2 by the number of days in the pension period.

Step 4.   Round the amount worked out in s tep 3 to the nearest cent by increasing the second decimal place by 1 if the third decimal place is 5 or more.

 


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