Victorian Current Acts

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GAMBLING REGULATION ACT 2003 - SECT 3.6.10

Interest on late payment

S. 3.6.10(1) amended by Nos 29/2009 s. 35(b), 28/2022 s. 55(1)(c).

    (1)     If an amount payable under this Part—

S. 3.6.10(1)(a) repealed by No. 28/2022 s. 55(1)(a).

    *     *     *     *     *

S. 3.6.10(1)(b) amended by Nos 39/2007 s. 12(6)(b), 29/2009 s. 35(a), 28/2022 s. 55(1)(b).

        (b)     to the Commission by a venue operator that holds a gaming machine entitlement; or

S. 3.6.10(1)(c) inserted by No. 39/2007 s. 12(6)(c).

        (c)     to the Commission by a licence holder under section 3.6.8(2)

is not paid within the period within which it is required to be paid, the licence holder or venue operator is liable to pay interest at the rate of 20% per annum on that amount from the date on which the payment was due until the payment is made.

S. 3.6.10(2) amended by No. 28/2022 s. 55(2).

    (2)     The Commission may, if the Commission thinks fit, mitigate or remit an amount of interest due under subsection (1).

    (3)     A function of the Commission under this section may be performed by any commissioner.



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