61Effect of election

61 Effect of election

(1) If a parent makes an election under section 60 relating to a child support period, then for the purposes of assessing the parent in respect of the costs of a child of the parent for each later day in the child support period, the parent’s adjusted taxable income is the amount the parent elected. (2) Subsection (1) has effect subject to an income amount order that is made after the making of the election that applies in relation to the parent and any part of the child support period. (3) The Registrar must immediately take such action as is necessary to give effect to subsection (1) in relation to any administrative assessment that has been made in relation to the parent and the child support period (whether by amending the assessment or otherwise). (4) Subject to section 63, in subsequently making any administrative assessment in relation to the parent and the child support period, the Registrar must act in accordance with this section. (5) This section does not prevent: (a) the Registrar making any determination under Part 6A (departure determinations); or (b) a court making any order under Division 4 of Part 7 (departure orders); or (c) the making, and acceptance by the Registrar, of a child support agreement that includes provisions that have effect for the purposes of this Part as if they were such an order made by consent.