Australian Apprenticeship Support Loans Act 2014

CHAPTER 3 - Loan repayments  

PART 3.3 - APPLICATION OF TAX LEGISLATION  

SECTION 54   CHARGES AND CIVIL PENALTIES FOR FAILING TO MEET OBLIGATIONS  

54(1)    
Part 4-25 in Schedule 1 to the Taxation Administration Act 1953 has effect as if:

(a)    

any compulsory AASL repayment amount of a person were income tax payable by the person in respect of the income year in respect of which the assessment of that debt was made; and

(b)    this Chapter, paragraph 8(1)(c) and Division 3 of Part 4.1 , were income tax laws.

54(2)    
Subsection (1) does not have the effect of making a person liable to a penalty for any act or omission that happened before the commencement of this subsection.