Examples of Penalty unit in a sentence
Penalty unit is defined in section 17 of the Crimes (Sentencing Procedure) Act 1999 which provides that a reference in any Act or statutory rule to a number of penalty units is to be read as a reference to an amount of money equal to the amount obtained by multiplying a specified monetary value by that number of penalty units.
Penalty unit is defined in subsection 4AA (1) of the Crimes Act 1914, and the amount may vary as that subsection is amended from time to time.
Different penalty functions are: • Constant: Penalty unit is constant irrespective of other factors.P defaulter = c, c ∈ R ≥ 0 (4)• Job units: Junits is the number of units in a job and c is a constant penalty per unit.Pdefaulter = Junits × c, c ∈ R ≥ 0 (5)• Win price: Pricewin is the price that is to be paid by the bidding winnerPdefaulter = Pricewin (6)• Substitute Price: Pricesubstitute is the price that is to be paid by the substitute bidding winnerPdefaulter = Pricesubstitute (7)VI.
Penalty unit Has the value of $100, as specified in section 110(2) of theSentencing Act 1991.
Penalty unit has the meaning given by the Penalties and Sentences Act 1992 (Qld).