CORPORATIONS REGULATIONS 2001 - REG 7.5A.107 Amount of penalty payable to the Commonwealth
CORPORATIONS REGULATIONS 2001 - REG 7.5A.107
Amount of penalty payable to the Commonwealth(1) The penalty payable (if any) for an alleged contravention of a rule is the amount determined by ASIC.
Note: See subsections 901F(2) and 903E(2) of the Act for the maximum penalty payable.
(2) If an infringement notice is in relation to more than one
alleged contravention of a rule, the total penalty payable under the
infringement notice is the sum of the penalties payable (if any) for the
alleged contraventions.