(1) An amount of interest to which a person is entitled, in his or her personal capacity, under subsection 185LD(3) of, or subsection 65 - 31(1) of Schedule 2 to, the Bankruptcy Act 1966 is payable to the Commonwealth as a charge.
(1A) No charge is payable by a person in respect of an account for a charge period if the amount of that charge would be less than $10, or a higher amount prescribed by the regulations.
(3) The charge is payable by the person.
(4) The charge is payable within 35 days after the end of the charge period in which the interest was paid.