62Territorial authority may recover unpaid levies from applicant for building consent

1. The consequence specified in subsection (2) applies if an applicant for a building consent fails to pay a levy or part of a levy under section 53 by the time referred to in section 53(2)(b)(ii).

2. The consequence is that the territorial authority, or, if the application was made to a stand-alone building consent authority, the territorial authority for the district in which the relevant building consent was granted, may recover, as a debt due from the applicant, the amount of those levies and any interest on that amount calculated—

3. in monthly instalments at the monthly basic lending rate of the building consent authority’s bank; and
4. for the period of each month, or part of a month, starting on the date payment is due and ending on the date payment is made.

5. Any amount recovered under subsection (2)—

6. must, as soon as practicable after it is recovered, be paid to the chief executive; and
7. may be recovered by the chief executive from the territorial authority after the 20th day of the month following the month in which it was recovered by the territorial authority under subsection (2).