Document ID: chunk:federal_register_of_legislation:C2024C00844:section:98f
Version: federal_register_of_legislation:C2024C00844
Segment Type: section
Provision Reference: s 98F
Character Range: 269963–271233

98F  Civil penalty amounts for penalty provision based on value
 (1) For the purpose of working out the maximum penalty for a contravention of a civil penalty provision, the amount under this section for an action is 75% of the amount determined under subsection (3) for the action.
 (2) For the purposes of subsection (1), if the relevant civil penalty provision is subsection 98B(1), treat the amount determined under subsection (3) of this section for the action as being the sum of the amounts, determined under subsection (3) of this section, for each of the core Part 3 actions mentioned in subparagraph 98B(1)(b)(ii).
 (3) For the purposes of subsection (1), the amount for the action is:
 (a) the value for the action worked out under the following table; or
 (b) if no item of the table applies to the action:
 (i) where the action is an acquisition—the value of the consideration for the acquisition; or
 (ii) otherwise—the market value of the benefit obtained by the action.

Amount for actions
Item                For this kind of action …                                                                                                                   that is mentioned in any of these provisions …                                          the amount is …