Extradition and Mutual Assistance in Criminal Matters Legislation Amendment Act 2012 (7 of 2012)

Schedule 3   Amendments relating to providing mutual assistance in criminal matters

Part 6   Other amendments

Mutual Assistance in Criminal Matters Act 1987

154   After subsection 3(1)

Insert:

(1A) In determining, for the purpose of a request by a foreign country, the Australian dollar equivalent of a fine (whether expressed as an amount or by way of penalty units) or pecuniary penalty (however described) that may be imposed on a person for an offence to which the request relates, the fine or penalty is to be translated to Australian currency:

(a) in relation to a country for which the Australian Tax Office publishes exchange rates - at the daily exchange rate listed on the Australian Tax Office website that applies on the day on which the request is received; and

(b) in relation to any other country - at the exchange rate that applies at the time when the request is received.