sec.87Penalty for late payment to registrar of deducted amounts

### sec.87 Penalty for late payment to registrar of deducted amounts If an employer other than a government body fails to pay an amount deducted under a fine collection notice ( deducted amount ) to the registrar in accordance with section 81 , the employer must pay to SPER, as a penalty ( late payment penalty )— 10% of the deducted amount; and interest at the rate of 10% each year on the daily balance of the unpaid deducted amount. Interest is payable on the deducted amount from the day after the amount should have been paid until the day the amount is actually paid. (sec.87-ssec.1) If an employer other than a government body fails to pay an amount deducted under a fine collection notice ( deducted amount ) to the registrar in accordance with section 81 , the employer must pay to SPER, as a penalty ( late payment penalty )— 10% of the deducted amount; and interest at the rate of 10% each year on the daily balance of the unpaid deducted amount. (sec.87-ssec.2) Interest is payable on the deducted amount from the day after the amount should have been paid until the day the amount is actually paid. - (a) 10% of the deducted amount; and - (b) interest at the rate of 10% each year on the daily balance of the unpaid deducted amount.