sec.4ARounding of amounts expressed as numbers of fee units

sec.4A Rounding of amounts expressed as numbers of fee units

This section applies for working out the amount of a fee expressed in this regulation as a number of fee units. For the purpose of the Acts Interpretation Act 1954 , section 48C (3) , the amount is to be rounded down to the nearest multiple of 5 cents. Section 64A (3) (b) provides for a fee of 62.05 fee units. If the value of a fee unit for this regulation were $1.015, the number of dollars obtained by multiplying $1.015 by 62.05 would be $62.98075. After rounding down, the amount of the fee would be $62.95. s 4A ins 2022 SL No. 81 s 3 (sec.4A-ssec.1) This section applies for working out the amount of a fee expressed in this regulation as a number of fee units. (sec.4A-ssec.2) For the purpose of the Acts Interpretation Act 1954 , section 48C (3) , the amount is to be rounded down to the nearest multiple of 5 cents. Section 64A (3) (b) provides for a fee of 62.05 fee units. If the value of a fee unit for this regulation were $1.015, the number of dollars obtained by multiplying $1.015 by 62.05 would be $62.98075. After rounding down, the amount of the fee would be $62.95.