Insolvency (Tax Priorities) Legislation Amendment Act 1993 (32 of 1993)

Part 2   AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936

6   Employers other than group employers

Section 221G of the Principal Act is amended:

(a) by inserting after subsection (2C) the following subsection:
        

"(2D) If an employer (other than a group employer):

(a) makes a deduction after 30 June 1993 for the purposes of this Division, or purporting to be for those purposes, from salary or wages paid to an employee; and

(b) refuses or fails to affix tax stamps of a face value equal to the amount of the deduction as required by this Division;

the employer is liable to pay that amount to the Commissioner.";

(b) by inserting in paragraph (4A) (b) "subsection (2D) of this section or" after "under".