Mineral Resources (Royalty) Regulation 2025
sec.53Fee for failing to lodge royalty return by due day
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sec.53 Fee for failing to lodge royalty return by due day
For section 11 (1) , the fee prescribed for failing to lodge a royalty return by the due day is 206.70 fee units. Subsection (3) applies for working out the amount of the fee expressed in subsection (1) as a number of fee units. For the purpose of the Acts Interpretation Act 1954 , section 48C (3) , the amount is to be rounded down to the nearest multiple of 5 cents. Subsection (1) provides for a fee of 206.70 fee units. If the value of a fee unit for this regulation were $1.025, the number of dollars obtained by multiplying $1.025 by 206.70 would be $211.8675. After rounding down, the amount of the fee would be $211.85. (sec.53-ssec.1) For section 11 (1) , the fee prescribed for failing to lodge a royalty return by the due day is 206.70 fee units. (sec.53-ssec.2) Subsection (3) applies for working out the amount of the fee expressed in subsection (1) as a number of fee units. (sec.53-ssec.3) For the purpose of the Acts Interpretation Act 1954 , section 48C (3) , the amount is to be rounded down to the nearest multiple of 5 cents. Subsection (1) provides for a fee of 206.70 fee units. If the value of a fee unit for this regulation were $1.025, the number of dollars obtained by multiplying $1.025 by 206.70 would be $211.8675. After rounding down, the amount of the fee would be $211.85.