CHILD SUPPORT (ASSESSMENT) ACT 1989 - SECT 64AG Amount of penalty

CHILD SUPPORT (ASSESSMENT) ACT 1989 - SECT 64AG

  (1)   If a parent is liable under subsection   64AF(1) to pay a penalty, the amount of the penalty for each income election made by the parent relating to the year of income is 10% of the difference between:

  (a)   the administrative assessment of child support made under section   64AA in relation to the parent; and

  (b)   the administrative assessment of child support that would have been made if it were based entirely on the amount that applied under subsection   60(2) or (3), or that was worked out under subsection   62A(1).

  (2)   The penalty is a debt due to the Commonwealth by the parent and is due and payable on the issue of the administrative assessment of child support made under section   64AA in relation to the parent.