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

40   At the end of section 96

Add:

(4) If a child support agreement includes lump sum payment provisions, the notice must specify:

(a) the amount of the lump sum payment specified in the agreement; and

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