Commonwealth Numbered Acts

DAIRY PRODUCE ACT 1986 No. 54 of 1986 - SECT 63

63. (1) Subject to this section, where the liability of a person to pay a
milk fat levy is not discharged on or before the day when the levy is due and
payable, there is payable by that person to the Commonwealth, by way of
penalty, in addition to that levy, an amount calculated at the rate of 20% per
annum upon that levy, or upon such part of that levy as from time to time
remains unpaid, to be computed from the time when the levy became due and
payable.

(2) Where-

   (a)  a person has received from the producer of relevant dairy produce an
        amount of a milk fat levy payable by the producer; and

   (b)  that levy is due and payable but has not been paid in full to the
        Commonwealth, there is payable by the person to the Commonwealth by
        way of penalty, in addition to the amount of that levy, an amount
        calculated at the rate of 20% per annum upon the amount so received by
        the person, less any part of that levy paid by the person on behalf of
        the producer, to be computed from the time when that levy became due
        and payable or the time when the person received that amount,
        whichever is the later.

(3) The Minister or, subject to sub-section (4), an authorised person may, in
a particular case, for reasons that the Minister or the authorised person, as
the case may be, in his or her discretion thinks sufficient, remit the whole
or a part of an amount payable under this section.

(4) The power under sub-section (3) to remit the whole or a part of an amount
payable under this section shall not be exercised by an authorised person in a
case where the amount, before remission, exceeds $1,500.

(5) In this section, a reference to a milk fat levy does not include an amount
of penalty (if any) payable under this section in respect of that levy.