Document ID: chunk:federal_register_of_legislation:C2008A00125:clause:6_34
Version: federal_register_of_legislation:C2008A00125
Segment Type: clause
Provision Reference: sch 6 cl 34
Character Range: 216633–218032

34  Subsections 39G(1), (1A) and (1B)
Repeal the subsections, substitute:

 (1) If any charge payable by a person (other than a visitor) remains unpaid after the time when it became due for payment, the person is liable to pay, by way of penalty, an amount (the late payment penalty) equal to:
 (a) the amount worked out at the rate of 20% per annum of the amount unpaid, as at the time the amount unpaid became due for payment; or
 (b) if the amount worked out under paragraph (a) is less than $250—$250.

 (1A) If a collected amount payable by a person remains unpaid after the time when it became due for payment, the person is liable to pay, by way of penalty, an amount (the late payment penalty) equal to:
 (a) the amount worked out at the rate of 20% per annum of the amount unpaid, as at the time the amount unpaid became due for payment; or
 (b) if the amount worked out under paragraph (a) is less than $250—$250.

 (1B) If a penalty amount payable by a person remains unpaid after the time when it became due for payment, the person is liable to pay, by way of penalty, an amount (the late payment penalty) equal to:
 (a) the amount worked out at the rate of 20% per annum of the amount unpaid, as at the time the amount unpaid became due for payment; or
 (b) if the amount worked out under paragraph (a) is less than $250—$250.

Part 2—Transitional, application and saving provisions