INCOME TAX ASSESSMENT ACT 1997 - SECT 410.5 Copyright collecting society must give notice to member of society
INCOME TAX ASSESSMENT ACT 1997 - SECT 410.5
Copyright collecting society must give notice to member of society(1) A * copyright collecting society must give a * member of the society notice of any payment it makes to the member, if section 51 - 43 applies to the society.
(2) The society must give the notice at the time of the payment.
(3) The notice must be in the * approved form.
Note: Under section 288 - 75 in Schedule 1 to the
Taxation Administration Act 1953 a society is liable to an administrative
penalty for failing to give a notice required under this section.