TAXATION ADMINISTRATION ACT 1953 (ARCHIVE)

PART IIA - THE GENERAL INTEREST CHARGE  

Division 3 - The late reconciliation statement penalty  

SECTION 8AAP (Archive)   WHEN THE LATE RECONCILIATION STATEMENT PENALTY APPLIES  

8AAP(1)   [Provisions in ITAA36]  

There are certain provisions of the Income Tax Assessment Act 1936 that make persons liable to pay the late reconciliation statement penalty. Subsection (4) lists the provisions.

8AAP(2)   [Liability must be specified]  

A person is only liable to pay the penalty if a provision specifies that the person is liable to pay the penalty.

8AAP(3)   [Exempt Australian government entities]  

The penalty does not apply to exempt Australian government agencies.

Note:

Exempt Australian government agency is defined in subsection 995-1(1) of the Income Tax Assessment Act 1997 .

8AAP(4)   [Index of ITAA '36 provisions]  

The following table is an index of the provisions of the Income Tax Assessment Act 1936 that deal with liability to the penalty.

Liability to the penalty under the Income Tax Assessment Act 1936
Item	Subsection	Topic
1	220AJ(5)	RPS payment report
.
2	221F(6)	PAYE deductions reconciliation statement
.
3	221YHDC(9A)	PPS payment reconciliation statement form
.
4	221YHZC(1AAA)	statement of deductions from certain payments
.
5	221YN(2C)	statement of withholding tax deductions
.
6	221ZC(2C)	statement of mining withholding tax deductions
.
7	221ZXD(4)	farm management deposits report