A New Tax System (Tax Administration) Act (No. 2) 2000 (91 of 2000)

Schedule 2   Consequential and miscellaneous amendments

Part 1   General

Fringe Benefits Tax Assessment Act 1986

11   Subsection 127(3) (penalty)

Repeal the penalty, substitute:

Penalty: 30 penalty units.

Note: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.