Private Forests Act 1994

If the whole or any part of the levy payable is not paid by the due date, the owner of the nett area of forest operation is liable to a penalty calculated at the rate of 20% a year of the amount unpaid as from that due date.

The Authority, by notice in writing, may exempt the owner from payment of all or part of a penalty payable under subsection (1) if satisfied that – notice of the amount of the levy, that the Authority was required to provide to the owner under section 25E, was not provided; or notice of the amount of the levy, that the Authority was required to provide to the owner under section 25E, was not provided within the time specified in that section and it would be unjust not to grant the exemption; or the payment would cause the owner undue hardship.