Fines for Not Reporting Big Changes and New Powers to Collect Interstate Fines
Monetary Penalties Enforcement Amendment Bill 2026
House of Assembly
Legislative Council
Assent
Introduced by: Guy Barnett (LIB)
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
People subject to section 86 must notify the Director of significant changes within 14 days; failure to do so carries a fine of up to 15 penalty units.
Fines of up to 20 penalty units apply to anyone who obstructs an enforcement officer.
Authorised deposit-taking institutions must pay any money they have deducted to the relevant authority.
The Director can decide a monetary penalty is uncollectable.
The Director can use an information system to make decisions.
The Director can issue orders to enforce fines from other states; these orders can be amended or withdrawn.
People subject to section 86 can be fined up to 15 penalty units if they do not tell the Director about a significant change within 14 days.
The Director can now enforce fines from other states if they believe the person who owes the money has a connection to Tasmania.
The Director can make an interstate fine enforcement order without telling the person who owes the money first.
The Director can change or cancel an interstate fine enforcement order.
Banks and credit unions must send any money they deduct under the Act to the relevant authority.
The Director can decide a fine is uncollectable if they are satisfied the money cannot be recovered.
The Director can use an information system to make decisions. These system-generated decisions count as decisions made by the Director.
The Director must prepare an annual report on the Monetary Penalties Enforcement Service.