'Penalty unit' is defined in section 4AA of the Crimes Act 1914.
Penalty units are used to describe the amount payable for fines under commonwealth laws, including under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).
Fines are calculated by multiplying the value of one penalty unit by the number of penalty units prescribed for the offence.
|When infringement occurred||Penalty unit amount|
|Up to 27 December 2012||$110|
|28 December 2012 - 30 July 2015||$170|
|31 July 2015 - 30 June 2017||$180|
|On or after 1 July 2017||$210|