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Value of Penalty and Fee units

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Cite as: October 2012 86 (10) LIJ, p.59

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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