19Conversion of foreign currency to Australian currency

#### 19 Conversion of foreign currency to Australian currency (1) This regulation applies to the following overseas maintenance liabilities: (a) a maintenance order made by a judicial authority of a reciprocating jurisdiction (other than New Zealand); (b) a maintenance agreement registered by an overseas authority of a reciprocating jurisdiction (other than New Zealand); (c) a maintenance assessment issued by an administrative authority of a reciprocating jurisdiction (other than New Zealand); (d) an overseas maintenance liability in relation to which an application for entry, in the Child Support Register, of particulars has been made under section 25A of the Act. (2) If the overseas maintenance liability refers to an amount of money expressed in foreign currency, the liability is taken to refer to the equivalent amount expressed in Australian currency, calculated in accordance with subregulation (3), applicable on: (a) for an order, agreement or assessment of a kind mentioned in paragraph (1) (a), (b) or (c)—the day when the liability arising under the order, agreement or assessment is registered; or (b) for an overseas maintenance liability of a kind mentioned in paragraph (1) (d)—the day when the particulars of the liability are entered in the Child Support Register. (3) For subregulation (2), the amount must be calculated in accordance with: (a) the telegraphic transfer rate for the foreign currency, being the rate published by the Commonwealth Bank of Australia that applies to the currency on the day that applies under subregulation (2); or (b) if no such rate is available for the foreign currency on that day—an exchange rate for the foreign currency that the Registrar considers appropriate.