Balance Sheet B
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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) |
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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 |
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(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) |
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[Note 1] |
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[Note 2] |
[Note 3] |
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[Note 4] |
[Note 5] |
[Note 6] |
[Note 7] |
[Note 8] |
[Note 9] |
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[Note 10] |
[Note 11] |
[Note 12] |
[Note 13] |
[Note 14] |
[Note 15] |
[Note 16] |
[Note 17] |
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[Note 1] b = entry v of
the previous row (if any) |
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[Note 2] e = b x c x d / number of days in the year |
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[Note 3] f = interest ordered by the Court in enforcement
proceedings initiated by the maintenance payee |
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[Note 4]
k = entry s of the previous row (if any) + entry e of the current row
+ entry f of the current row |
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[Note 5]
l = entry t of the previous row (if any) + entry g of the current row |
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[Note 6]
m = entry u of the previous row (if any) + entry h of the current row |
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[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 |
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[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 |
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[Note 9]
p = entry x of the previous row (if any) + entry j of the current row |
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[Note 10]
r = entry y of the previous row (if any) + entry q of the current row |
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[Note11] s (interest) = the first item to be discharged in the
priority call on payments made by the maintenance payer |
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If
r > or = k, then s = 0
If k > r
> 0, then s = k - r If r = 0, then
s = k |
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[Note 12]
t (surcharge) = the second item to be discharged in the priority call
on payments made by the maintenance payer |
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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 |
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[Note 13]
u (costs) = the third item to be discharged in the priority call on
payments made by the maintenance payer |
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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 |
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[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 |
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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 |
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[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 |
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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 |
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[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 |
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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 |
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[Note 17] y (Remaining Balance) |
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If x = 0, then
y = r - (k + l + m + n + o + p) If x > 0,
then y = 0 |
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