Commonwealth Consolidated Acts

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CIVIL AVIATION (CARRIERS' LIABILITY) ACT 1959 - SECT 9

Conversion of SDR to Australian dollars

    In assessing under this Act the damages recoverable in an action against a carrier, a court must convert all relevant SDR amounts into Australian dollars, using the exchange rate published by the Reserve Bank of Australia, being the rate that applies as at the day on which the court's judgment is given.

 


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