3A
In forceRounding of amounts expressed as numbers of fee units
Chapter 1Preliminary
3A Rounding of amounts expressed as numbers of fee units
(1)
This section applies for working out the amount of a fee expressed in this regulation as a number of fee units.
(2)
For the purpose of the Acts Interpretation Act 1954, section 48C(3), the amount is to be rounded—
(a)
if the result is not more than $2.50—to the nearest cent (rounding one-half upwards); or
(b)
if the result is more than $2.50 but not more than $100—to the nearest multiple of 5 cents (rounding one-half upwards); or
(c)
if the result is more than $100 but not more than $500—to the nearest multiple of 10 cents (rounding one-half upwards); or
(d)
if the result is more than $500—to the nearest dollar (rounding one-half upwards).
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