Part 8Miscellaneous

Part 8—Miscellaneous 53—Waiver and refund of fees (1) The Minister may, on application or on the Minister's own initiative, in the Minister's discretion, waive payment of the whole or part of a fee or refund a fee (in whole or in part). (2) In this regulation— fee means a fee prescribed by fee notice; fee notice has the same meaning as in the Legislation (Fees) Act 2019. 55—Penalty interest For the purposes of sections 44(1)(a) and 78(2)(a) of the Act, the rate of penalty interest will be 10% per year. 56—Mediation of dispute over entry to land For the purposes of paragraph (b) of section 62(5) of the Act, the period of 2 months is fixed. 57—Reinstatement of licence—disapplication of certain sections of Act For the purposes of section 91C(6)(b) of the Act, the following sections of the Act will not apply in relation to a licence reinstated by the Minister under section 91C of the Act: (a) section 21(2) and (3); (b) section 22; (c) section 26(2); (d) section 27(1), (1a) and (2a); (e) section 28(2a), (2b), (3a) and (3b); (f) section 30(1); (g) section 32(2); (h) section 34(2), (3) and (4a); (i) section 35; (j) section 39; (k) section 40; (l) section 47(1); (m) section 59D; (n) section 67; (o) section 68; (p) section 79. 57A—Approval and registration of registrable dealings Pursuant to section 114(2)(c) of the Act, an application for approval and registration of a registrable dealing must include the following information in respect of the person to whom the relevant interest is to be assigned: (a) — (i) if the person is an incorporated association—a copy of the association's most recent audited financial statements; or (ii) in any other case—a statement of the expected financial position of the assignee over the term of the licence (or such other period of time as determined by the Minister); (b) in the case of a registrable dealing of a kind described in section 112(b) or (c) of the Act—a statement of the technical qualifications and experience of the assignee. 58—General offence A person must not contravene or fail to comply with these regulations. Maximum penalty: $10 000. 59—Administrative penalties (1) The amounts set out in Schedule 2 are fixed as the amounts for administrative penalties imposed under the relevant provisions of the Act and these regulations. (2) The Minister may, in the Minister's discretion, waive a part of an administrative penalty.