235Late payment fees (annual fees)

235 Late payment fees (annual fees)

235 Late payment fees (annual fees)

(1) If the annual fee for a service approval is not paid on or before 1 July, the Regulatory Authority may charge the approved provider a late payment fee, in addition to the annual fee, for every 30 days (or part of every 30 days) that the annual fee is overdue.

(2) For the purposes of subregulation (1), the late payment fee is 15 per cent of the relevant prescribed annual fee that is overdue.

Reg 235: Am 2019 (631), reg 16. Subst 2023 (165), reg 34.