(1) The penalty payable (if any) for an alleged contravention of a rule is the amount determined by ASIC.
Note: See subsections 901F(2) and 903E(2) of the Act for the maximum penalty payable.
(2) If an infringement notice is in relation to more than one alleged contravention of a rule, the total penalty payable under the infringement notice is the sum of the penalties payable (if any) for the alleged contraventions.