New South Wales Consolidated Acts

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PIPELINES ACT 1967 - SECT 38

Penalty for late payment

38 Penalty for late payment

Where the liability of a licensee to pay a fee referred to in section 37 is not discharged at or before the time when the fee is payable, there is payable by the licensee an additional amount calculated at the rate of one-third of one per cent per day upon the amount of the fee from time to time remaining unpaid, to be computed from the time when the fee became payable until it is paid.



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