Child Support Reform (New Formula and Other Measures) Regulations 2007
19Determinations with no corresponding rights and obligations
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19 Determinations with no corresponding rights and obligations
(1) This regulation applies to an existing determination under any of the following provisions of the Assessment Act: (a) paragraph 98S(1)(b) (varying the child support percentage); (b) paragraph 98S(1)(d) (varying the disregarded income amount of the carer); (c) paragraph 98S(1)(g) (varying a factor ascertained under paragraph 54(1)(b) of the Assessment Act). (2) The rights and obligations under the existing determination have effect after 30 June 2008 as if the determination were a departure determination under paragraph 98S(1)(a) of the amended Assessment Act varying the annual rate of child support to the rate payable on 30 June 2008. (3) An amount specified in an existing determination to which this regulation applies is to be indexed annually on 1 July, starting on 1 July 2009, using the following steps: Step 1: Divide the highest March quarter index number by the base March quarter index number. Step 2: Multiply the amount specified in the existing determination by the number worked out in Step 1. (4) In this regulation:
base March quarter index number means the index number for the March quarter of 2008.
highest March quarter index number means the highest index number for a March quarter since the base March quarter index number (and including the base March quarter index number).
index number means, for a quarter, the All Groups Consumer Price Index number that is the weighted average of the 8 capital cities and is published by the Australian Statistician for that quarter.
(5) If at any time the Australian Statistician publishes an index number for a quarter in substitution for an index number previously published by the Australian Statistician for that quarter, the publication of the later index number is to be disregarded in applying subregulation (3). (6) However, if at any time the Australian Statistician changes the reference base for the Consumer Price Index, in applying subregulation (3) after the change takes place, only the index numbers published in terms of the new reference base are to be used.