Commonwealth Consolidated Acts

MEDICAL INDEMNITY ACT 2002 - SECT 34ZM

  (1)   If:

  (a)   a person owes a debt to the Commonwealth under subsection   34ZJ(3); and

  (b)   the debt remains wholly or partly unpaid after it becomes due and payable;

the person is liable to pay a late payment penalty under this section.

  (2)   The late payment penalty is calculated:

  (a)   at the rate specified in the rules for the purposes of this paragraph; and

  (b)   on the unpaid amount; and

  (c)   for the period:

  (i)   starting when the amount becomes due and payable; and

  (ii)   ending when the amount, and the penalty payable under this section in relation to the amount, have been paid in full.

  (3)   The Chief Executive Medicare may remit the whole or a part of an amount of late payment penalty if the Chief Executive Medicare considers that there are good reasons for doing so.

  (4)   An application may be made to the Administrative Appeals Tribunal for review of a decision of the Chief Executive Medicare not to remit, or to remit only part of, an amount of late payment penalty.

Note:   Section   27A of the Administrative Appeals Tribunal Act 1975 requires notification of a decision that is reviewable.