104Definitions

104 Definitions

104 Definitions

(1) In this Part—

conversion ratio, in relation to a foreign currency, means—

(a) in the case of sterling—the ratio of 1 pound sterling to 2 Australian dollars, or

(b) in the case of Japanese currency—the ratio of 400 Japanese yen to 1 Australian dollar.

foreign contributor means a contributor who—

(a) was recruited in a country other than Australia and is employed in such a country, and

(b) is paid a salary at a rate expressed in a currency other than Australian currency.

foreign currency in relation to a foreign contributor means the currency in which the foreign contributor’s rate of salary is expressed.

(2) A reference in this Part—

(a) to a foreign contributor shall be construed as including a reference to a former foreign contributor, and

(b) to an employer of a foreign contributor shall be construed as including a reference to the person who was the employer of the former foreign contributor.

s 104: Ins 1980 No 50, Sch 5 (2). Am 1991 No 94, Sch 1.