Queensland Consolidated Acts

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PENALTIES AND SENTENCES ACT 1992 - SECT 5A

Prescribed value of particular penalty unit

5A Prescribed value of particular penalty unit

(1) A regulation may prescribe the same monetary value of a penalty unit for section 5 (1) (a) (i) , (c)(i) and (e)(i).
(2) The amount prescribed must not be more than the amount last prescribed under this section increased by—
(a) if, on or before 31 March in a year in which the regulation is made, the Treasurer publishes in the gazette a percentage change to the amount last prescribed—that percentage; or
(b) otherwise—3.5%.
Examples—
1 On 31 March 2015, the Treasurer publishes a 3% change in the value of a penalty unit. On 30 June 2015 the amount of the penalty unit is $115. The amount prescribed by regulation on 1 July 2015 may be $118.45.
2 The Treasurer has not, on or before 31 March 2015, published a percentage change in the value of a penalty unit. On 30 June 2015, the amount of the penalty unit is $115. The amount prescribed by regulation on 1 July 2015 may be $119.
(3) If the amount worked out under subsection (2) is not a multiple of 5 cents, the amount must be rounded down to the nearest multiple of 5 cents.
(4) For subsection (2) , if an amount has not been prescribed under this section, the amount last prescribed is taken to be $110.
(5) A regulation may only prescribe 1 increase for an amount for a financial year.



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