TAXATION ADMINISTRATION ACT 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA.

Chapter 2 - Collection, recovery and administration of income tax  

PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING  

Division 16 - Payer's obligations and rights  

Subdivision 16-BA - To be registered  

Registration of withholders

SECTION 16-140   WITHHOLDERS MUST BE REGISTERED  

16-140(1)  
An entity that must pay an amount to the Commissioner under:


(a) subsection 16-70(1) (about amounts withheld under Division 12); or


(aaa) Division 12A (about deemed payments by AMITs); or


(aa) Division 13 (about payments in respect of alienated personal services payments); or


(b) Division 14 (about payments in respect of non-cash benefits or capital proceeds);

must apply to register with the Commissioner.

16-140(2)  
The entity must apply in the *approved form by the day on which the entity is first required:


(a) to withhold an amount under Division 12; or


(b) to pay an amount to the Commissioner under Division 12A, 13 or 14.

However, the Commissioner may allow a longer period for applying.

16-140(3)  


An entity that contravenes this section is liable to an administrative penalty of 5 penalty units.



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