Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1936 - SECT 222APD

                   If:

                     (a)  after the end of the 14 days, a person becomes, or again becomes, a director of the company at a time when section 222APB has not yet been complied with; and

                     (b)  at the end of 14 days after the person becomes a director, that section has still not been complied with;

the person is liable to pay to the Commissioner, by way of penalty, an amount equal to the unpaid amount of the estimate.