Commonwealth Numbered Regulations

1989 No. 259 CHILD SUPPORT (ASSESSMENT) REGULATIONS - REG 8

8. (1) An annual rate of child support is to be converted into a daily rate by
using the formula:
                                  DR =   AR

365.25 ; where:
DR is the daily rate of payment; and
AR is the annual rate of payment.

(2) In calculating a conversion, the calculation must be made to 6 decimal
places and:

   (a)  if the final figure is greater than 4-the second last figure must be
        increased by 1 and the final figure then disregarded; and

   (b)  if the final figure is 4 or less, it must be disregarded.