Victorian Numbered Regulations Victorian Numbered RegulationsS.R. No. 115/2014
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STATUTORY RULES 2014
S.R. No. 115/2014
Sale of Land (Infringements) Regulations 2014
The Governor in Council makes the following Regulations:
Dated: 26 August 2014
Responsible Minister:
HEIDI VICTORIA
Minister for Consumer
Affairs
YVETTE CARISBROOKE
Clerk of the Executive
Council
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 2014 is $147.61.
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.
Endnotes