Sch 1 inserted by No 178 of 1999 (as amended by No 179 of 1999 and No 44 of 2000).

Ch 4 heading inserted by No 73 of 2006 , s 3 and Sch 5 item 42, effective 1 July 2006.

Pt 4-25 heading substituted by No 32 of 2006 , s 3 and Sch 3 item 11, applicable in relation to conduct engaged in on or after 6 April 2006. The heading formerly read:

PART 4-25 - CHARGES AND ADMINISTRATIVE PENALTIES FOR FAILING TO MEET OBLIGATIONS

Pt 4-25 (heading) substituted by No 101 of 2004.

Pt 4-25 inserted by No 179 of 1999.

Div 288 heading substituted by No 91 of 2000.

Div 288 inserted by No 179 of 1999.

S 288-100(1) substituted by No 81 of 2016, s 3 and Sch 10 item 46, effective 1 July 2018. For application provisions, see note under Div 131 heading. S 288-100(1) formerly read:

288-100(1)
A person is liable for an administrative penalty of 20 penalty units if:

(a) the person gives one or more *superannuation providers a release authority in accordance with:

(i) section 292-410 of the Income Tax Assessment Act 1997 ; or

(ii) section 292-80B of the Income Tax (Transitional Provisions) Act 1997 ; and

(b) the total of the amounts paid by the superannuation provider or providers to the person and the Commissioner as a result of being given the release authority exceeds the amount required to be paid in respect of the release authority under:

(i) if subparagraph (a)(i) applies - subsection 292-415(1) of the Income Tax Assessment Act 1997 ; or

(ii) if subparagraph (a)(ii) applies - section 292-80C of the Income Tax (Transitional Provisions) Act 1997 .

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S 288-100(2) inserted by No 82 of 2013, s 3 and Sch 3 item 30, effective 28 June 2013. For application provision, see note under Pt 3-20 heading.