14th September 2020
14th September 2020

Civil penalty unit rate increase

A new civil penalty unit rate is in place, effective 1 July 2020.

Penalty units are defined by legislation under subsection 4AA(1A) of the Crimes Act 1914 (Cth) and are subject to change. The amount has changed to $222 per unit. The new rate applies to offences committed on or after 1 July 2020. See the announcement.

Coal LSL has the power to seek civil penalties for unmet legal obligations up to the value of 300 penalty units.

For example, for a late annual audit report, a company may incur a penalty of 40 penalty units for an individual or 200 penalty units for a body corporate for each year that this legislative requirement is not met.

If you have any questions or concerns about your ability to meet your legal obligations, please get in touch with us.

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