19Late payment fee

19 Late payment fee

(1) If a basic fee is not paid at or before the time (the payment time) the fee is due and payable, a late payment fee is imposed, worked out in accordance with subsection (2), in addition to the basic fee. (2) The late payment fee is worked out using the following formula: Image unavailable in extracted text where:

days overdue is the number of days after the basic fee is due and payable that elapse before the day on which the basic fee is paid.