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Racing and Wagering Act 2024
149Outstanding levy and interest
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149 Outstanding levy and interest (1) If a licensee fails to pay the levy in accordance with this Act: (a) the licensee must pay interest calculated at 10% per year (calculated daily) on the outstanding amount of the levy; and (b) the Commission may suspend the licence until the levy and interest is paid. (2) The amount of any outstanding levy and interest under subsection (1) is a debt due and payable to the Territory.