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FISH RESOURCES MANAGEMENT ACT 1994 - SECT 236

FISH RESOURCES MANAGEMENT ACT 1994 - SECT 236

236 .         Penalty for non-payment

        (1)         If an amount of a levy remains unpaid after the day on which it becomes due for payment, there is payable to the Minister by way of penalty, in addition to the amount of the levy, an amount calculated at the rate of 20% per annum upon the amount of the levy from time to time remaining unpaid.

        (2)         The amount by way of penalty referred to in subsection (1) is to be calculated from the time when the amount of the levy became payable.