The purpose of this Act is to amend the Monetary Units Act 2004 in relation to the financial year commencing on 1 July 2012 by—
(a) fixing the value of a fee unit for that financial year; and
(b) fixing the value of a penalty unit for that financial year; and
(c) providing for the annual rate by which the amount of a fee unit or penalty unit would otherwise be adjusted for that financial year.