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Penalty and fee units

Every Issue

Cite as: March 2013 87 (3) LIJ, p.60

For the financial year commencing 1 July 2012, the value of a penalty unit is $140.84. The value of a penalty unit was scheduled to be $125.19 but has been raised to $140.84 as a result of the Monetary Units Amendment Act 2012 (Vic), assented to 13 June 2012. The value of a fee unit is $12.53 ( Government Gazette G13, 29 March 2012).

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