24
In forceCut-out rate
Part 6Miscellaneous
24 Cut-out rate
(1)
For the Act, schedule 2, definition cut-out rate, paragraphs (b), (d) and (e), the cut-out rate is the amount equal to the prescribed penalty unit value.
(2)
In this section—
prescribed penalty unit value means the value of 1 penalty unit under the Penalties and Sentences Act 1992, section 5(1)(a)(i).
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