Victorian Numbered Acts

GAMBLING REGULATION FURTHER AMENDMENT ACT 2009 (NO. 58 OF 2009) - SECT 70

After section 4.3A.13 of the Principal Act insert —

        " 4.3A.13A     Penalty interest for late payment

A wagering and betting licensee must pay to the Commission, for payment into the Consolidated Fund, interest on a premium payment under section 4.3A.13 that is outstanding as at the end of the period allowed for payment, at the rate fixed for the time being under section 2 of the Penalty Interest Rates Act 1983 .

        4.3A.13B     Recovery of amounts

A premium payment under section 4.3A.13 or any interest payable under section 4.3A.13A may be recovered in a court of competent jurisdiction as a debt due to the State.".