A New Tax System (Tax Administration) Act (No. 2) 2000 (91 of 2000)
Schedule 2 Consequential and miscellaneous amendments
Part 1 General
Taxation Administration Act 1953
83 At the end of subsection 70(4)
Add:
Note 3: There is an administrative penalty if you do not keep or retain records as required by this section: see section 288-25 in Schedule 1.