sec.5APrescribed value of particular penalty unit

### sec.5A Prescribed value of particular penalty unit A regulation may prescribe the same monetary value of a penalty unit for section 5 (1) (a) (i) , (c)(i) and (e)(i). The amount prescribed must not be more than the amount last prescribed under this section increased by— if, on or before 31 March in a year in which the regulation is made, the Treasurer publishes in the gazette a percentage change to the amount last prescribed—that percentage; or otherwise—3.5%. On 31 March 2015, the Treasurer publishes a 3% change in the value of a penalty unit. On 30 June 2015 the amount of the penalty unit is $115. The amount prescribed by regulation on 1 July 2015 may be $118.45. The Treasurer has not, on or before 31 March 2015, published a percentage change in the value of a penalty unit. On 30 June 2015, the amount of the penalty unit is $115. The amount prescribed by regulation on 1 July 2015 may be $119. If the amount worked out under subsection (2) is not a multiple of 5 cents, the amount must be rounded down to the nearest multiple of 5 cents. For subsection (2) , if an amount has not been prescribed under this section, the amount last prescribed is taken to be $110. A regulation may only prescribe 1 increase for an amount for a financial year. s 5A ins 2014 No. 6 s 5 (sec.5A-ssec.1) A regulation may prescribe the same monetary value of a penalty unit for section 5 (1) (a) (i) , (c)(i) and (e)(i). (sec.5A-ssec.2) The amount prescribed must not be more than the amount last prescribed under this section increased by— if, on or before 31 March in a year in which the regulation is made, the Treasurer publishes in the gazette a percentage change to the amount last prescribed—that percentage; or otherwise—3.5%. On 31 March 2015, the Treasurer publishes a 3% change in the value of a penalty unit. On 30 June 2015 the amount of the penalty unit is $115. The amount prescribed by regulation on 1 July 2015 may be $118.45. The Treasurer has not, on or before 31 March 2015, published a percentage change in the value of a penalty unit. On 30 June 2015, the amount of the penalty unit is $115. The amount prescribed by regulation on 1 July 2015 may be $119. (sec.5A-ssec.3) If the amount worked out under subsection (2) is not a multiple of 5 cents, the amount must be rounded down to the nearest multiple of 5 cents. (sec.5A-ssec.4) For subsection (2) , if an amount has not been prescribed under this section, the amount last prescribed is taken to be $110. (sec.5A-ssec.5) A regulation may only prescribe 1 increase for an amount for a financial year. - (a) if, on or before 31 March in a year in which the regulation is made, the Treasurer publishes in the gazette a percentage change to the amount last prescribed—that percentage; or - (b) otherwise—3.5%. - 1 On 31 March 2015, the Treasurer publishes a 3% change in the value of a penalty unit. On 30 June 2015 the amount of the penalty unit is $115. The amount prescribed by regulation on 1 July 2015 may be $118.45. - 2 The Treasurer has not, on or before 31 March 2015, published a percentage change in the value of a penalty unit. On 30 June 2015, the amount of the penalty unit is $115. The amount prescribed by regulation on 1 July 2015 may be $119.