The International Cricket Council has sanctioned a 40 percent fine on Australia skipper Steven Smith following his team's poor over-rate in their third One-Day International against England in Sydney.
Due to the committed over-rate offence on Sunday, Steve Smith will part with almost half of his match fee, while the rest of his teammates will be fined 20 percent match fees .
Match referee Ranjan Madugalle imposed the sanctions after seeing that Australia had not completed their bowling innings in the allotted time during the third Gillette ODI.
Australia were found two overs short of the target taking into consideration the other time allowances.
What the ICC's code of conduct has to say on the case is that players are fined 10 per cent of their match fee for every over they fail to bowl in the permitted time.
This excludes the captain, though, who has to part with twice that amount.
As Smith pleaded guilty to the charges and accepted the fine, match referee Ranjan Madugalle stated there was no need for a formal hearing.
If Australia happen to be late in bowling their overs a second time in an ODI within the next one year interval, with Smith at the helm, it will be considered a second offence and the skipper could face a ban.
Team Australia were defeated once again in the third ODI.
They lost the Sydney clash by 16 runs, with England wicketkeeper Jos Buttler striking a tremendous century to fire the visitors to 302-6.
This most recent result means England have built an impregnable 3-0 lead in the five-match series.
This will see the final two games played in Adelaide on January 26 and Perth on January 28 respectively.
After such a tremendous Ashes showing in Test match cricket, Smith and co. will be disappointed with how they've fared in the one-day format.
However, for England, it's been a completely different story.
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