Penalty Units (ACT)
ACT Acts and Regulations use penalty units to describe the amount payable for a fine. Penalty units are used instead of dollar amounts because the rate for penalty units is indexed for inflation and may therefore change.
Section 133 of the Legislation Act 2001, tells you the dollar amount of one penalty unit.
Currently, 1 penalty unit equals $160 for an individual and $810 for a corporation.
To convert the amount in penalty units into a dollar amount, simply multiply $160 (for an individual) by the number of penalty units.
For example, if the maximum penalty is 5 penalty units:
5 x $160 = $800
Therefore, a fine of 5 penalty units would amount to a fine of $800 an individual (or $4050 for a corporation).
If you require legal advice or representation in any legal matter, please contact Armstrong Legal.
This article was written by Michelle Makela
Michelle has over 15 years experience in the legal industry, working across commercial litigation, criminal law, family law and estate planning. Michelle has been involved in all practice areas of the firm and in her personal practice has had experience in litigation at all levels (State and Federal Industrial Tribunals, the Supreme Court, Court of Appeal, the Federal Court, Federal...
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