Document ID: chunk:federal_register_of_legislation:C2024C00561:section:172
Version: federal_register_of_legislation:C2024C00561
Segment Type: section
Provision Reference: s 172
Character Range: 221499–222096

172  Late payment penalty
 (1) A registered provider must pay a late payment penalty for any:
 (a) CRICOS annual registration charge; or
 (c) TPS levy (other than a provider's first TPS levy);
payable by the provider that remains unpaid after the time when it became due for payment.
Note: If a registered provider breaches this section, the ESOS agency for the provider may take action under Division 1 of Part 6 against the provider.

Amount of penalty
 (2) The amount of the penalty is 20% per year on the unpaid amount calculated from the day when the original amount became due for payment.