National Consumer Credit Protection (Transitional and Consequential Provisions) Regulations 2010
23Payment of penalty by instalments
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23 Payment of penalty by instalments
(1) Within 28 days after receiving an infringement notice, the recipient may apply, in writing, to the nominated person for permission to pay the amount of the infringement notice penalty by instalments.
(b) set out the reasons for the application; and
(c) specify the amount and frequency of the instalments that the recipient proposes to pay.
(a) grant or refuse to grant permission for payment by instalments; and
(b) give the recipient written notice of the decision, including:
(i) if permission is granted — the amount and frequency of the instalments; and
(ii) if permission is refused — the reasons for refusal.
(4) If the nominated person has not granted, or refused to grant, permission for payment by instalments within 14 days after receiving the application, the nominated person is taken to have refused to grant permission for payment by instalments.