Queensland Subordinate Legislation as Made

APPEAL COSTS FUND REGULATION 2024 - REG 11

11 Rounding of amounts expressed as numbers of fee units

(1) This section applies for working out the amount of a fee expressed in this regulation as a number of fee units.

(2) For the purpose of the Acts Interpretation Act 1954 , section 48C (3) , the amount is to be rounded—

(a) if the result is not more than $100—to the nearest multiple of 5 cents (rounding one-half upwards); or

(b) if the result is more than $100 but not more than $1,000—to the nearest multiple of 10 cents (rounding one-half upwards).

Example for paragraph (a)—

If a fee were 35 fee units and the value of a fee unit were $1.015, the number of dollars obtained by multiplying 35 by $1.015 would be $35.525. Because $35.525 is halfway between $35.50 and $35.55, it is rounded upwards, so the amount of the fee would be $35.55.