s 112
In forcePenalty for non‑payment
Part 7Collection of levy and charge
Division 1Collection of levy imposed by the Fishing Levy Act 1991
112 Penalty for non‑payment
If an amount of levy remains unpaid after the day on which it becomes due for payment, there is payable to the Commonwealth by way of penalty, in addition to that amount of levy, an amount calculated at the rate of 20% per annum upon the amount of levy from time to time remaining unpaid, to be calculated from the time when the amount of levy became payable.
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