DUTIES ACT 2001 - SECT 644 Obligation for self assessor

DUTIES ACT 2001 - SECT 644

644 Obligation for self assessor

(1) This section applies to a self assessor registered under chapter 12, part 3 if—

(a) during the retrospectivity period, the self assessor lodged a transaction statement under section 455 or 455A; and

(b) the transaction statement relates to a dutiable transaction or relevant acquisition to which subdivision 3 or 4 applies.

(2) The self assessor must, within 30 days after the commencement day, give notice to the commissioner that the transaction statement was lodged.

Note—

Under the Administration Act , failure to give the commissioner notice about a matter under a tax law is an offence under section 120 of that Act.

(3) Section 488 applies to a failure by a self assessor to comply with subsection (2).