363BPenalties

363B Penalties

363B Penalties

For the purposes of this Act—

(a) a Tier 1 penalty corresponds to a maximum penalty of—

(i) in the case of a corporation, 45,500 penalty units and, in the case of a continuing offence, a further penalty of 2,400 penalty units for each day the offence continues, or

(ii) in any other case, imprisonment for 2 years or 10,000 penalty units, or both, and, in the case of a continuing offence, a further penalty of 1,200 penalty units for each day the offence continues, and

(b) a Tier 2 penalty corresponds to a maximum penalty of—

(i) in the case of a corporation, 18,200 penalty units and, in the case of a continuing offence, a further penalty of 1,200 penalty units for each day the offence continues, or

(ii) in any other case, 4,550 penalty units and, in the case of a continuing offence, a further penalty of 600 penalty units for each day the offence continues, and

(c) a Tier 3 penalty corresponds to a maximum penalty of 100 penalty units.

s 363B: Ins 2008 No 73, Sch 1 [9]. Am 2018 No 31, Sch 1 [65]–[67].