penalty unit
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penalty unit
noun penalty units
- An amount of money, used as a basis of a penalty fine, which can be adjusted by the government without the need to pass new legislation. In 1987 the Penalty Units and Other Penalties Act introduced a new scheme for financial penalties. The penalty provisions in a number of Acts containing commonly occurring offences were amended to specify the fine in penalty units rather than a specific sum. The value of a penalty unit is specified
