Northern Territory Numbered Acts

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REVENUE UNITS ACT 2009 (NO 35 OF 2009) - SECT 3

Monetary amount of fee or charge

    (1)     A reference in a law of the Territory to a fee or charge that is expressed as a number of revenue units is a reference to an amount of money equal to the amount obtained by multiplying the monetary value of a revenue unit, as calculated in accordance with section 4, by the number of revenue units.

Note for subsection (1)

The number of revenue units may be a whole number or a decimal or fractional number.

    (2)     However, if the amount obtained for the fee or charge is not a multiple of $1, the amount is to be rounded down to the nearest $1.

Example for subsection (2)

If a fee is expressed as 10 revenue units and the value of a revenue unit is $1.06, the actual fee will be $10.00.

    (3)     In its application to an Act, subsection (1) is subject to a contrary intention in the Act.



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