(1) A reference in a law of the Commonwealth or in a Territory Ordinance to a pecuniary penalty of D dollars, where D is a number, is taken to be a reference to a pecuniary penalty of P penalty units, where P is:
(a) if D ï¸ 100 is a whole number--that whole number; or
(b) if D ï¸ 100 is not a whole number--the next highest whole number.
(2) Subsection (1) does not apply to a reference to the maximum amount of a penalty that is not imposed by a court, or by a service tribunal under the Defence Force Discipline Act 1982 .
(3) Subsection (1) does not apply to:
(a) section 76 of the Competition and Consumer Act 2010 ; or
(c) a provision of a law of the Commonwealth prescribed for the purposes of this subsection.
(4) In this section:
"penalty" includes a fine.
"Territory Ordinance" has the same meaning as in section 4AA.