ACIS Administration Act 1999 (Repealed)
PART 9
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UNEARNED DUTY CREDIT
Division 4
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Time for payment of unearned credit liability
SECTION 104
104
LATE PAYMENT PENALTY
If an amount of unearned credit liability remains unpaid after the time for payment of the liability, the person liable to pay the liability is liable to pay to the Commonwealth a late payment penalty calculated from that time at the rate of 20% per year on the amount unpaid.
If an amount of unearned credit liability remains unpaid after the time for payment of the liability, the person liable to pay the liability is liable to pay to the Commonwealth a late payment penalty calculated from that time at the rate of 20% per year on the amount unpaid.
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