Tax Laws Amendment (2004 Measures No. 6) Act 2005 (23 of 2005)
Schedule 2 Copyright collecting societies
Taxation Administration Act 1953
13 At the end of Division 288 of Part 4-25 in Schedule 1 (before the link note)
Add:
288-75 Administrative penalty for a copyright collecting society
A *copyright collecting society is liable to an administrative penalty of 20 penalty units if the society fails to give a notice to a *member as required by section 410-5 of the Income Tax Assessment Act 1997.
Note: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
