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Franchise Fees Windfall Tax (Collection) Act 1997
11Regulations for collection etc. of unpaid windfall tax
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11 Regulations for collection etc. of unpaid windfall tax
The regulations may provide for the collection and recovery of any unpaid windfall tax. In particular, the regulations may: (a) prescribe the time when windfall tax is due for payment; and (b) prescribe penalties for late payment of windfall tax (not exceeding an amount calculated at the rate of 20% per annum).
Note: Windfall tax would normally be collected under section 9.