Superannuation Contributions Tax (Assessment and Collection) Act 1997

PART 6 - MISCELLANEOUS  

SECTION 35   INFORMATION TO BE GIVEN TO COMMISSIONER BY SUPERANNUATION PROVIDER WHO PAYS SURCHARGE OR ADVANCE INSTALMENT  

35(1)   [Information as required by regulations]  

A superannuation provider who makes a payment to the Commissioner of surcharge or advance instalment on a member's surchargeable contributions for a financial year must give the Commissioner, within a period notified to the provider by the Commissioner, a statement setting out such information as is required by the regulations.

35(2)   [Other and former member information]  

The information that may be required includes information about other members or former members in relation to whom the provider is or was a superannuation provider.

Penalty: 60 penalty units.

Note 1:

Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.

Note 2:

The amount of a penalty unit is stated in section 4AA of the Crimes Act 1914 . If a body corporate is convicted of an offence, subsection 4B(3) of that Act allows a court to impose a fine that is not greater than 5 times the maximum fine that could be imposed by the court on an individual convicted of the same offence.