Document ID: chunk:federal_register_of_legislation:F2025C00138:reg:7
Version: federal_register_of_legislation:F2025C00138
Segment Type: reg
Provision Reference: reg 7
Character Range: 5955–6489

7  Penalties for late payment of fees
 (1) This section is made for the purposes of paragraph 155(2)(f) of the Act.
 (2) If a fee (the original fee) referred to in section 5 is not paid by the time the original fee is due and payable, the person liable to pay the original fee is also liable to pay a penalty of the amount worked out using the following formula:
where:
days overdue is the number of days after the original fee is due and payable that elapse before the day on which the original fee is paid.

Part 3—Miscellaneous