Bankruptcy Regulations 1996

PART 14 - OFFENCES UNDER THE ACT  

Division 2 - Infringement notices  

REGULATION 14.13  

14.13   EFFECT OF PAYMENT OF INFRINGEMENT PENALTY  

If a person served with an infringement notice pays the infringement penalty specified in the notice within the period specified in the notice (or any further period of time allowed under regulation 14.09):

(a) any liability of the person for the offence is discharged; and

(b) a prosecution of the offence may not be brought against the person for the offence; and

(c) the person is not regarded as having admitted guilt or liability for the offence; and

(d) the person is not regarded as having been convicted of the offence.