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Protection of the Environment Operations (General) Regulation 2009
Current version for 1 May 2020 to date (accessed 7 June 2020 at 20:09)
37 Load-based fee
(1) The load-based fee for any licence fee period must be paid within 120 days after the end of that period.(2) If a load-based fee is not paid (or not fully paid) by the due date for its payment, the load-based fee payable is increased by the amount of simple interest calculated at the rate of 5 per cent per fortnight on the amount of the fee unpaid for each whole fortnight that elapses after the due date and before the date of payment.(3) Any such increased amount is prescribed as a penalty for the purposes of section 57(4) of the Act.