A New Tax System (Family Assistance) (Administration) Act 1999

PART 8A - PROVIDER REQUIREMENTS AND OTHER MATTERS  

Division 4 - Requirements relating to large child care providers  

SECTION 203BA   Requirement for large child care provider to report financial information  

203BA(1)    
A provider that is a large child care provider for a financial year must give the Secretary a report in accordance with subsection (2) .

203BA(2)    
A report under subsection (1) must:

(a)    be given in a form and manner approved by the Secretary; and

(b)    include financial information of a kind prescribed by the Minister ' s rules relating to:


(i) a financial year; or

(ii) if a different period is prescribed by the Minister ' s rules - the prescribed period; and

(c)    be given:


(i) within 3 months after the end of the period that applies under paragraph (b) ; or

(ii) if a different period for giving the report is prescribed by the Minister ' s rules - within the prescribed period.


Civil penalty

203BA(3)    
A person is liable to a civil penalty if the person contravenes subsection (1) .

Civil penalty: 60 penalty units.



Constitutional basis - additional operation of this section

203BA(4)    
In addition to section 85AB of the Family Assistance Act, this section also has the effect it would have if a reference to a large child care provider were expressly confined to a large child care provider that is a corporation to which paragraph 51(xx) of the Constitution applies.

Note:

Section 85AB of the Family Assistance Act sets out the constitutional basis of the provisions of this Act in relation to child care subsidy and additional child care subsidy (including provisions in relation to approved providers).





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