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-A - To withhold  

Penalties for not withholding

SECTION 16-35   FAILURE TO WITHHOLD: ADMINISTRATIVE PENALTY FOR EXEMPT AUSTRALIAN GOVERNMENT AGENCY IN RELATION TO PAYMENT OTHER THAN DIVIDEND, INTEREST OR ROYALTY  

16-35(1)    

An * exempt Australian government agency that:

(a) fails to withhold an amount as required by Division 12 ; or

(b) fails to pay to the Commissioner an amount as required by Division 14 ;

is liable to pay to the Commissioner a penalty of 20 penalty units.

Note 1:

See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.

Note 2:

Division 298 in this Schedule contains machinery provisions for administrative and civil penalties.

16-35(2) - (3)    

(Repealed by No 179 of 1999)

Exception

16-35(4)    

This section does not apply in relation to an * amount required to be withheld from a * withholding payment covered by Subdivision 12-F (about dividend, interest or royalty payment) or by Subdivision 12-FB (about payments to foreign residents).