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COMMONWEALTHAct
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s 69

Currency in which NZ judgments are registered

In force
Part 7Recognition and enforcement in Australia of specified judgments of New Zealand courts and tribunals
Division 2Recognition and enforcement in Australia of specified judgments of New Zealand courts and tribunals

69 Currency in which NZ judgments are registered

(1)

If a sum of money payable under an NZ judgment is expressed in a currency other than Australian currency, the judgment must be registered in the Australian court under section 68:

(a)

if an entitled person has requested in the application for registration that the judgment be registered in a particular currency—in that currency; and

(b)

otherwise—as if it were for an equivalent amount in Australian currency, calculated in accordance with the rate of exchange on the working day (the conversion day) of the Australian court before the working day of that court on which the entitled person made the application for registration.

(2)

The rate of exchange on the conversion day is that determined in the manner prescribed by the regulations.

(3)

This section is subject to section 70 (which deals with money judgments that are partly satisfied).

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