› Flat Chat Strata Forum › NCAT – the NSW Tribunal › Penalty units › Current Page
09/01/2014 at 6:36 pm
#20610
The references to “penalty units” within Legislation where they apply is just a means to avoid prescribing monetary penalties that would need to be updated from time to time in accordance with the CPI (and Governments’ desire for more income) and therefore necessitate re-writing of the applicable sections of the Act/s.
One penalty unit is currently worth $110.00.