Child Support Legislation Amendment (Reform of the Child Support Scheme - New Formula and Other Measures) Act 2006 (146 of 2006)

Schedule 5   Amendments relating to child support agreements and court orders (commencing on 1 July 2008)

Part 1   Main amendments

Division 2   Lump sum payments

Child Support (Assessment) Act 1989

33   Subsection 5(1)

Insert:

otherwise than in the form of periodic amounts , in relation to child support, means child support that is not paid as periodic amounts, and includes child support paid in the form of:

(a) a lump sum payment; and

(b) a transfer or settlement of property.

Note: Periodic amount is defined in section 4 of the Registration and Collection Act.