55GWorking out the costs of the children

55G Working out the costs of the children

(1) If an annual rate of child support for a day in a child support period is assessed for a child under section 35, 36, 37 or 38 (Formulas 1 to 4), identify the column in the Costs of the Children Table for that child support period that covers the combined child support income of the parents of the child.

Note: The Secretary publishes the updated Costs of the Children Table in the Gazette each year for child support periods that begin in the next year (see section 155).

(2) If an annual rate of child support for a day in a child support period is assessed for a child under Subdivision D of Division 2 (Formulas 5 and 6), identify the column in the Costs of the Children Table for that child support period that covers the child support income of the parent of the child.

Note: This subsection also applies in working out the relevant dependent child amount and the multi‑case allowance (see step 4 of the method statement in section 46 and step 3 of the method statement in section 47).

(3) Identify the number of children (the child support children) in the child support case that relates to the child. (4) Identify the ages of the child support children at the time the administrative assessment is made. If there are more than 3 child support children, use the ages of the 3 oldest children. (5) Identify the item in the relevant column in the Costs of the Children Table that covers that number of child support children of those ages. (6) The amount worked out for the item in accordance with Schedule 1 to this Act is the costs of the children.