Determining penalty amounts
99 Determining penalty amounts
The amount that a person is ordered to pay under a pecuniary penalty order (the penalty amount) is determined by—
in the case of an application under section 95(1)—
assessing under this Subdivision the total value of the benefits the person derived from—
the commission of the serious offence; and
the commission of any other offence that constitutes unlawful activity; and
subtracting from the total value the sum of the reductions (if any) in the penalty amount under sections 107 and
108; or
in the case of an application under section 95(2)—assessing the value of the instrument (as at the time of assessment) and subtracting from the value the sum of the reductions (if any) in the penalty amount under sections 107 and
108.
This Act’s bill:Second reading speech
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