INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
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Hide history noteA person shall not before 1 July 2000 make a mining payment to a person or persons or apply a mining payment for the benefit of a person or persons unless the person has made a deduction from the mining payment of an amount equal to 5.8% of the amount of the mining payment.
A person, other than a government, who contravenes subsection (1) is guilty of an offence punishable on conviction by a fine not exceeding $1,000.
Note:
For an alternative sanction for contravening subsection (1), see subsection 221ZD(1) .
Where a person (in this subsection referred to as the ``convicted person'' ) is convicted before a court of an offence against subsection (2) in relation to the refusal or failure of the convicted person or another person to make a deduction from a mining payment in accordance with subsection (1), the court may, in addition to imposing a penalty on the convicted person, order the convicted person to pay to the Commissioner an amount not exceeding the amount of the deduction.
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