Victorian Consolidated Legislation

Monetary Units Act 2004 - SECT 7

Calculation of a fee or penalty

7. Calculation of a fee or penalty



(1) The amount of a fee provided for by an Act or a statutory rule by a fee
unit is to be calculated by multiplying the number of fee units applicable by
the value of a fee unit fixed under section 5.

(2) The amount of a penalty provided for by an Act or statutory rule by a
penalty unit is to be calculated by multiplying the number of penalty units
applicable by the value of a penalty unit fixed under section 5.

(3) The amount of a fee calculated under this section may be rounded to the
nearest 10 cents.

(4) The amount of a penalty calculated under this section may be rounded to
the nearest dollar.