Taxation Administration Act 1953

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

Note: See section 3AA .

Chapter 4 - Generic assessment, collection and recovery rules  

PART 4-25 - CHARGES AND PENALTIES  

Division 290 - Promotion and implementation of schemes  

Subdivision 290-D - Voluntary undertakings  

SECTION 290-200   VOLUNTARY UNDERTAKINGS  

290-200(1)  
The Commissioner may accept a written undertaking given by an entity for the purposes of this section in connection with furthering the objects of this Division.

290-200(2)  
The entity may withdraw or vary the undertaking at any time, but only with the consent of the Commissioner.

290-200(3)  
If the Commissioner considers that the entity that gave the undertaking has breached any of its terms, the Commissioner may apply to the Federal Court of Australia for an order under subsection (4).

290-200(4)  
If the Court is satisfied that the entity has breached a term of the undertaking, the Court may make one or both of the following orders:


(a) an order directing the entity to comply with that term of the undertaking;


(b) any other order that the Court considers appropriate.




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