• Table 26: Types of contraventions reported to the ATO

    This table shows the general type of contraventions that have been reported to us since the start of contravention reporting in 2005 (up to 30 June 2013) by approved auditors.

    Types of contraventions
    Contravention type As proportion of number of contraventions As proportion of value of contraventions

    Loan to member/financial assistance

    21.3%

    14.8%

    In-house assets

    18.7%

    28.3%

    Administrative type contraventions

    11.3%

    1.8%

    Separation of assets

    12.8%

    26.0%

    Operating standard type contraventions

    8.1%

    6.2%

    Borrowings

    7.9%

    6.9%

    Sole purpose

    7.9%

    5.4%

    Investments at arms length

    7.6%

    7.5%

    Other

    2.9%

    1.0%

    Acquisition of assets from related parties

    1.4%

    2.2%

    Total

    100%

    100%

      Last modified: 16 Dec 2013QC 37999