Table 15
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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 |
Date |
Outstanding maintenance since the last calculation (those accrued on and after date only) |
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 (date) |
Maintenance accrued BEFORE (date) |
Amount of maintenance in arrears payable |
Interest |
Surcharge |
Costs |
Maintenance accrued ON and AFTER (date) |
Maintenance accrued BEFORE (date)
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Amount of maintenance in arrears payable |
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(a) |
(a) |
(b)
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(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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1.9.04 |
1.8.05 |
0 |
N/A |
N/A |
N/A |
26 |
1,000 |
1,000 |
2,000 |
1,000 |
26 |
1,000 |
1,000 |
2,000 |
0 |
1,000 |
0 |
0 |
26 |
1,000 |
1,000 |
2,000 |
0 |
1,000 |
0 |
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10.9.04 |
10.8.05 |
2,000 |
9 |
8.25% |
4 |
0 |
0 |
0 |
0 |
0 |
30 |
1,000 |
1,000 |
2,000 |
0 |
1,000 |
3,000 |
3,000 |
0 |
0 |
0 |
0 |
1,030 |
1,000 |
0 |
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1.10.04 |
1.9.05 |
1,030 |
22 |
8.25% |
5 |
0 |
1,000 |
0 |
2,000 |
1,000 |
5 |
1,000 |
0 |
3,030 |
0 |
2,000 |
6,035 |
6,035 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
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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 = 0If 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 commencement date of the ordinance) = 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 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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