Balance Sheet B

 

 

Calculation of Interest on

Arrears of Maintenance that accrued on and after 1 May 2005

 

Payment(s) Due

Outstanding Item(s) BEFORE

Payment

Payment

made by the Payer

Total Fund available to meet obligations

Outstanding Item(s) AFTER

Payment

Remaining Balance

(if any)

Date

Outstanding maintenance since the last calculation

No. of days since last calculation

Effective Judgment Rate during the last period

 

Interest amount

Interest in arrears ordered by court

Surcharge

Costs

Maintenance

Amount of maintenance in arrears payable

Interest

Surcharge

Costs

Maintenance accrued ON and AFTER 1 May 05

Maintenance accrued BEFORE    1 May 05

Amount of maintenance in arrears payable

Interest

Surcharge

Costs

Maintenance accrued ON and AFTER        1 May 05

Maintenance accrued BEFORE     1 May 05

 

Amount of   maintenance in arrears payable

(a)

(b)

 

(c)

(d)

(e)

(f)

(g)

(h)

(i)

(j)

(k)

(l)

(m)

(n)

(o)

(p)

(q)

(r)

(s)

(t)

(u)

(v)

(w)

(x)

(y)

 

[Note 1]

 

 

 

[Note 2]

[Note 3]

 

 

 

 

[Note 4]

[Note 5]

[Note 6]

[Note

7]

[Note

8]

[Note 9]

 

[Note 10]

[Note 11]

[Note 12]

[Note 13]

[Note 14]

[Note 15]

[Note 16]

[Note 17]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[Note 1]  b = entry v of the previous row (if any)

[Note 2]  e = b x c x d / number of days in the year

[Note 3]  f = interest ordered by the Court in enforcement proceedings initiated by the maintenance payee

[Note 4]  k = entry s of the previous row (if any) + entry e of the current row + entry f of the current row

[Note 5]  l = entry t of the previous row (if any) + entry g of the current row

[Note 6]  m = entry u of the previous row (if any) + entry h of the current row

[Note 7]  If the date of the current row is ON or AFTER the commencement date of the ordinance,

            n = entry v of the previous row (if any) + entry i of the current row;

         otherwise,

            n = 0        

[Note 8]  If the date of the current row is ON or AFTER the commencement date of the ordinance,

            o = entry w of the previous row (if any);

         otherwise,

            o = entry w of the previous row (if any) + entry i of the current row   

 

[Note 9]  p = entry x of the previous row (if any) + entry j of the current row

 

[Note 10]  r = entry y of the previous row (if any) + entry q of the current row

 

[Note11]  s (interest) = the first item to be discharged in the priority call on payments made by the maintenance payer

 

If r > or = k, then s = 0

If k > r > 0, then s = k - r

If r = 0, then s = k

 

[Note 12]  t (surcharge) = the second item to be discharged in the priority call on payments made by the maintenance payer

 

If r > or = (k + l) , then t = 0

If r < (k + l) and s = 0 , then t = l - (r - k)

If s > 0, then t = l

If r = 0, then t = l

 

[Note 13]  u (costs) = the third item to be discharged in the priority call on payments made by the maintenance payer

 

If r > or = (k + l + m) , then u = 0

If r < (k + l + m) and t = 0 , then u = m - (r - k - l)

If t > 0, then u = m

If r = 0, then u = m

 

[Note 14]  v (outstanding maintenance accrued ON or AFTER 1 June 2004) = the fourth item to be discharged in the priority call on payments made by the maintenance payer

 

Only this item is subject to interest.

If r > or = (k + l + m + n) , then v = 0

If r < (k + l + m + n) and u = 0 , then v = n - (r - k - l - m)

If u > 0, then v = n

If r = 0, then v = n

 

[Note 15]  w (outstanding maintenance accrued BEFORE the commencement date of the ordinance) = the fifth item to be discharged in the priority call on payments made by the maintenance payer

 

If r > or = (k + l + m + n + o) , then w = 0

If r < (k + l + m + n + o) and v = 0 , then w = o - (r - k - l - m - n)

If v > 0, then w = o

If r = 0, then w = o

 

[Note 16] x (Amount of maintenance in arrears payable) = the sixth item to be discharged in the priority call on payments made by the maintenance payer

 

If r > or = (k + l + m + n + o + p) , then x = 0

If r < (k + l + m + n + o + p) and w = 0 , then x = p - (r - k - l - m - n - o)

If w > 0, then x = p

If r = 0, then x = p

 

[Note 17] y (Remaining Balance)

 

 

If x = 0, then y = r - (k + l + m + n + o + p)

If x > 0, then y = 0