47A
In forceConversion of foreign currency amounts
Volume 2Parts IIIB to VA, sections 46 to 93ZG
Part IIIBProvisions applying to service pension, income support supplement and veteran payment
Division 6Income tests—conversion of foreign currency amounts
47A Conversion of foreign currency amounts
The value in Australian currency of a payment received by a person in foreign currency is to be worked out using:
(a)
if section 47C applies—the re‑assessed exchange rate; or
(b)
in any other case—the base exchange rate (see section 47B).
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