FISHERIES MANAGEMENT ACT 1991 - SECT 117 Penalty for non - payment
FISHERIES MANAGEMENT ACT 1991 - SECT 117
Penalty for non - payment Where a person who is liable to pay an amount of levy fails to
pay that amount or any part of that amount to the Commonwealth at or before
the time when that amount becomes due and payable, the person is liable to pay
to the Commonwealth, by way of penalty, in addition to that amount of levy, an
amount calculated at the rate of 10% per month upon the amount of levy from
time to time remaining unpaid, computed for the period commencing on the day
on which that amount of levy became due and payable and ending on the day
specified in the licence as being the day until which the licence is to remain
in force.