463AAuthority may charge interest on unpaid fees

463A Authority may charge interest on unpaid fees (1) The Authority may require a person to pay interest on a fee prescribed under a provision specified in subsection (2)— (a) which that person owes to the Authority; and (b) which has not been paid within one month after the fee became due and payable. (2) The following provisions are specified— (a) section 50A; (b) section 55; (c) section 90A; (d) section 157A; (e) section 181A; (f) section 277A; (g) section 459AA. (3) The interest— (a) is to be calculated at the rate fixed under section 2 of the **Penalty Interest Rates Act 1983** that applied on the day on which the fee was due to be paid; and (b) continues to be payable until the payment or recovery of the fee. Ch. 15 (Headings and ss 464–466) inserted by No. 39/2018 s. 18 (as amended by Nos 27/2019 ss 32−40, 3/2020 ss 45, 46, 47/2020 s. 27).