Victorian Numbered Regulations Victorian Numbered RegulationsS.R. No. 3/2023
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STATUTORY RULES 2023
S.R. No. 3/2023
Independent Broad-based Anti-corruption Commission Act 2011
Independent Broad-based Anti-corruption Commission Regulations 2023
The Governor in Council makes the following Regulations:
Dated: 31 January 2023
Responsible Minister:
JACLYN SYMES
Attorney-General
ANGELA SMITH
Clerk of the Executive Council
[1] Reg. 4(a): S.R. No. 5/2013 as amended by S.R. Nos 5/2013, 70/2016 and 158/2019.
[2] Reg. 4(b): S.R. No. 70/2016.
[3] Reg. 4(c): S.R. No. 158/2019.
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Penalty Units
These Regulations provide for penalties by reference to penalty units within the meaning of section 110 of the Sentencing Act 1991. The amount of the penalty is to be calculated, in accordance with section 7 of the Monetary Units Act 2004, by multiplying the number of penalty units applicable by the value of a penalty unit.
The value of a penalty unit for the financial year commencing 1 July 2022 is $184.92. The amount of the calculated penalty may be rounded to the nearest dollar.
The value of a penalty unit for future financial years is to be fixed by the Treasurer under section 5 of the Monetary Units Act 2004. The value of a penalty unit for a financial year must be published in the Government Gazette and a Victorian newspaper before 1 June in the preceding financial year.