Commonwealth Numbered Acts

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PAYMENT TIMES REPORTING ACT 2020 (NO. 91, 2020) - SECT 15

Civil penalty provision for failure to report

                   A reporting entity is liable to a civil penalty if:

                     (a)  the entity is required to give the Regulator a payment times report in accordance with this Division; and

                     (b)  the entity fails to comply with the requirement; and

                     (c)  the entity is a not a volunteering entity.

Civil penalty:          60 penalty units.



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