Retirement Savings Accounts Act 1997
PART 4A
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DATA AND PAYMENT REGULATIONS AND STANDARDS RELATING TO RSAS
The following matters may be prescribed by regulation:
(a) information that is required to be given to the Commissioner of Taxation in accordance with this section in relation to prescribed RSAs;
(b) the manner and form (including electronic form) in which the prescribed information is to be provided;
(c) the time at which, or period within which, the prescribed information is to be provided. 45R(2)
The RSA provider of a prescribed RSA must give the prescribed information in relation to the RSA to the Commissioner of Taxation in accordance with the regulation. Contravening requirement to give information 45R(3)
A person commits an offence of strict liability if the person contravenes subsection (2).
Division 4
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Information
Subdivision B
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Register of information about certain RSAs
SECTION 45R
RSA PROVIDERS TO PROVIDE INFORMATION FOR INCLUSION IN REGISTER
45R(1)
The following matters may be prescribed by regulation:
(a) information that is required to be given to the Commissioner of Taxation in accordance with this section in relation to prescribed RSAs;
(b) the manner and form (including electronic form) in which the prescribed information is to be provided;
(c) the time at which, or period within which, the prescribed information is to be provided. 45R(2)
The RSA provider of a prescribed RSA must give the prescribed information in relation to the RSA to the Commissioner of Taxation in accordance with the regulation. Contravening requirement to give information 45R(3)
A person commits an offence of strict liability if the person contravenes subsection (2).
Penalty: 25 penalty units.
Note:
For offences of strict liability, see subsection 6.1(1) of the Criminal Code .
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