s 67C Financial penalties for approved applicants
67C.—(1) The Board may impose a financial penalty on an approved applicant for engaging in conduct that contravenes, on or after 31 December 2016, any regulations made under section 77(1)(rb)(i) and is not an offence.[6/2016] (1A) Conduct that contravenes any regulations made under section 77(1)(rb)(i) does not constitute an offence under section 58(1)(d).[26/2016] (2) A financial penalty must not exceed the maximum amount to be prescribed, which in no case may be more than $10,000.[6/2016] (3) Any financial penalty imposed under subsection (1) and any interest for late payment prescribed under section 77(1)(rb) —(a) may be sued for and recovered by the Board under the Government Proceedings Act 1956 as if it were a debt due to the Government; and (b) must be paid into the Consolidated Fund upon collection or recovery by the Board.[6/2016] (4) The members, officers and employees of the Board, in relation to their administration, assessment, collection and enforcement of payment of financial penalties imposed under subsection (1) —(a) are taken to be public officers for the purposes of the Financial Procedure Act 1966; and (b) section 20 of that Act applies to such members, officers and employees of the Board despite not being in the employment of the Government.[6/2016]