14Variation of excessive claim

14 Variation of excessive claim

(1) Where a person who has lodged a claim under section 11 (whether or not the claim has been dealt with under subsection 11(3)) subsequently knows that the claim is or was for an amount of bounty in respect of the construction or modification of a bountiable vessel that exceeds the amount of bounty that the person is or was entitled to claim in respect of that construction or modification by more than $200, the person shall, within 28 days after discovering the excess, lodge an acknowledgment of the excess, being an acknowledgment that complies with subsection (2).

Penalty: $3,000.

(2) An acknowledgment under subsection (1) shall: (a) be in accordance with the appropriate approved form; (b) include such information as is, and such estimates as are, required by the form; (c) be signed and witnessed as required by section 16; and (d) be lodged with an authorised officer, or with the Secretary. (3) Where an acknowledgment under subsection (1) relates to a claim under section 11 that has not been dealt with under subsection 11(3), the claim shall be dealt with under that subsection as if it had been amended in accordance with the acknowledgment. (4) Where the Secretary, after examining an acknowledgment under subsection (1) that has been dealt with under subsection 11(3) and causing such inquiries as the Secretary considers necessary to be made (including inquiries involving the exercise of powers under sections 21 and 23), is satisfied that there has been an overpayment of a claim by more than $200, the Secretary shall cause to be served on the person who lodged the claim a demand for the repayment of the amount of the overpayment, and that person is liable to repay that amount to the Commonwealth.