Commonwealth Consolidated Acts

SUPERANNUATION CONTRIBUTIONS TAX (ASSESSMENT AND COLLECTION) ACT 1997 - SECT 14A

             (1)  The Commissioner may, at any time and from time to time, by written notice served on a member for a financial year that ends before 1 July 2005, require the member to give the Commissioner, within a period stated in the notice (being a period of not less than 21 days from the date of service of the notice), a statement setting out:

                     (a)  the name and address of any person who is the holder of surchargeable contributions of the member; and

                     (b)  any other matters required by the regulations.

             (2)  A person on whom such a notice is served must not fail to comply with the notice.

Penalty:  50 penalty units.

Note 1:       Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.

Note 2:       The amount of a penalty unit is stated in section 4AA of the Crimes Act 1914 . If a body corporate is convicted of an offence, subsection 4B(3) of that Act allows a court to impose a fine that is not greater than 5 times the maximum fine that could be imposed by the court on an individual convicted of the same offence.