Commonwealth Consolidated Acts

A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) ACT 1999 - SECT 31

             (1)  The Governor‑General may make regulations prescribing matters:

                     (a)  required or permitted by this Act to be prescribed; or

                     (b)  necessary or convenient to be prescribed for carrying out or giving effect to this Act;

and, in particular:

                     (c)  prescribing fees; or

                     (d)  prescribing penalties, not exceeding 10 penalty units, for offences against the regulations.

             (2)  The amount of a fee prescribed under paragraph (1)(c):

                     (a)  must be reasonably related to the expenses incurred or to be incurred by the * Registrar in connection with the activity that attracts the fee; and

                     (b)  must not be such as to amount to taxation.