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FISHERIES MANAGEMENT ACT 1991 - SECT 122 Penalty for non - payment

FISHERIES MANAGEMENT ACT 1991 - SECT 122

Penalty for non - payment

    If an amount of charge remains unpaid after the day on which it becomes due for payment, there is payable to the Commonwealth, by way of penalty, in addition to that amount of charge, an amount calculated at the rate of 20% per annum upon the amount of charge from time to time remaining unpaid, to be calculated from the time when the amount of charge became payable.