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

34   After paragraph 76(2)(g)

Insert:

(ga) if a child support agreement includes lump sum payment provisions, or if a court has made an order under section 123A, in respect of the children in the child support case to which the assessment relates:

(i) the amount of the lump sum payment specified in the agreement or order; and

(ii) the amount of any remaining lump sum payment (within the meaning of the Registration and Collection Act); and

(iii) any annual rate and daily rate of child support that remains payable under section 78 of this Act after taking into account any remaining lump sum payment that will be credited under section 69A of the Registration and Collection Act;