Treasury Laws Amendment (Strengthening Corporate and Financial Sector Penalties) Act 2019 (17 of 2019)

Schedule 3   Amendment of the National Consumer Credit Protection Act 2009

Part 1   Amendments of the infrastructure provisions for civil penalties, offences and infringement notices

National Consumer Credit Protection Act 2009

3   Subsection 5(1)

Insert:

individual fine formula means the formula set out in subsection 288C(3).

infringement notice means a notice given under section 288J.

payment period , in relation to an infringement notice, has the meaning given by section 288M.

pecuniary penalty order means an order made under section 167.

relinquishment order means an order made under subsection 167C(1).

subject to an infringement notice , in relation to an offence provision or civil penalty provision, has the meaning given by section 288K.