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

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Division 288 - Miscellaneous administrative penalties

SECTION 288-20

288-20 PENALTY FOR NON-ELECTRONIC PAYMENT

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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.