sec.157Notice about failure of licensee to pay amount

### sec.157 Notice about failure of licensee to pay amount This section applies if a licensee fails to pay to a licensed supplier, on or before the due date for payment, an amount or a part of an amount (other than a basic monitoring fee) payable by the licensee to the licensed supplier for a matter relating to the supply operations of the licensed supplier. The licensed supplier must give the commissioner a notice as required under section 184 advising of the licensee’s failure to pay the amount, or the part of the amount, on or before the due date for payment. Maximum penalty for subsection (2) —40 penalty units. s 157 ins 1999 No. 8 s 48 sub 1999 No. 77 s 59 amd 2012 No. 25 s 109 (1) (sec.157-ssec.1) This section applies if a licensee fails to pay to a licensed supplier, on or before the due date for payment, an amount or a part of an amount (other than a basic monitoring fee) payable by the licensee to the licensed supplier for a matter relating to the supply operations of the licensed supplier. (sec.157-ssec.2) The licensed supplier must give the commissioner a notice as required under section 184 advising of the licensee’s failure to pay the amount, or the part of the amount, on or before the due date for payment. Maximum penalty for subsection (2) —40 penalty units.