Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
PART 4-25
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CHARGES AND PENALTIES
Division 288
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Miscellaneous administrative penalties
SECTION 288-110
CONTRAVENTION OF SUPERANNUATION DATA AND PAYMENT REGULATION OR STANDARD
Liability to penalty - RSA providers and trustees of eligible superannuation entities
288-110(1)
An entity is liable to an administrative penalty if the entity contravenes:
(a) subsection 34M(1) of the Superannuation Industry (Supervision) Act 1993 ; or
(b) subsection 45D(1) of the Retirement Savings Accounts Act 1997 .
288-110(2)
An entity is liable to an administrative penalty if the entity contravenes:
(a) subsection 34P(6) of the Superannuation Industry (Supervision) Act 1993 ; or
(b) subsection 45F(6) of the Retirement Savings Accounts Act 1997 .
Liability to penalty - employers
288-110(3)
An entity is liable to an administrative penalty if the entity contravenes:
(a) subsection 34N(1) of the Superannuation Industry (Supervision) Act 1993 ; or
(b) subsection 45E(1) of the Retirement Savings Accounts Act 1997 .
288-110(4)
An entity is liable to an administrative penalty if the entity contravenes:
(a) subsection 34Q(6) of the Superannuation Industry (Supervision) Act 1993 ; or
(b) subsection 45G(6) of the Retirement Savings Accounts Act 1997 .
Amount of the penalty
288-110(5)
The amount of the penalty is:
(a) for an administrative penalty under subsection (1) or (3) - 4 penalty units; or
(b) for an administrative penalty under subsection (2) or (4) - 10 penalty units.
View history note
Hide history noteNote: See section 3AA .
Chapter 4 - Generic assessment, collection and recovery rulesLiability to penalty - RSA providers and trustees of eligible superannuation entities
288-110(1)
An entity is liable to an administrative penalty if the entity contravenes:
(a) subsection 34M(1) of the Superannuation Industry (Supervision) Act 1993 ; or
(b) subsection 45D(1) of the Retirement Savings Accounts Act 1997 .
288-110(2)
An entity is liable to an administrative penalty if the entity contravenes:
(a) subsection 34P(6) of the Superannuation Industry (Supervision) Act 1993 ; or
(b) subsection 45F(6) of the Retirement Savings Accounts Act 1997 .
Liability to penalty - employers
288-110(3)
An entity is liable to an administrative penalty if the entity contravenes:
(a) subsection 34N(1) of the Superannuation Industry (Supervision) Act 1993 ; or
(b) subsection 45E(1) of the Retirement Savings Accounts Act 1997 .
288-110(4)
An entity is liable to an administrative penalty if the entity contravenes:
(a) subsection 34Q(6) of the Superannuation Industry (Supervision) Act 1993 ; or
(b) subsection 45G(6) of the Retirement Savings Accounts Act 1997 .
Amount of the penalty
288-110(5)
The amount of the penalty is:
(a) for an administrative penalty under subsection (1) or (3) - 4 penalty units; or
(b) for an administrative penalty under subsection (2) or (4) - 10 penalty units.
Note:
The Commissioner is required to notify you of an administrative penalty: see section 298-10 .
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