Queensland Consolidated Regulations

WORKERS' COMPENSATION AND REHABILITATION REGULATION 2014 - REG 21

21 Additional amount for late payment of levy—Act, s 82(1)

For section 82 (1) of the Act , the additional amount payable is—

(a) if the amount is paid to the Regulator within 30 days after the due date—5% of the amount; or

(b) if the amount is paid to the Regulator after 30 days but within 60 days after the due date—10% of the amount; or

(c) if the amount is paid to the Regulator after 60 days after the due date or if no payment is made—10% of the amount plus interest at a rate specified by the Regulator by gazette notice for the period from the due date, or a later date decided by the Regulator, until the amount and all additional amounts are paid to the Regulator.