Taxation Administration Act 1953
Note: See section 3AA .Chapter 4 - Generic assessment, collection and recovery rules
An entity that:
(a) under subsection 33-10(2) of the *GST Act, is required to pay an *assessed net amount for a tax period electronically; or
(b) under section 8AAZMA , or subsection 16-85(1) or section 45-72 in this Schedule, is required to pay an amount electronically;
but pays it another way, is liable to an administrative penalty of 5 penalty units for each payment of one or more such amounts.
See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.
Division 298 contains machinery provisions for administrative and civil penalties.