Retirement Savings Accounts Act 1997

PART 4A - DATA AND PAYMENT REGULATIONS AND STANDARDS RELATING TO RSAS  

Division 4 - Information  

Subdivision B - Register of information about certain RSAs  

SECTION 45R   RSA PROVIDERS TO PROVIDE INFORMATION FOR INCLUSION IN REGISTER  

45R(1)  
The following matters may be prescribed by regulation:


(a) information that is required to be given to the Commissioner of Taxation in accordance with this section in relation to prescribed RSAs;


(b) the manner and form (including electronic form) in which the prescribed information is to be provided;


(c) the time at which, or period within which, the prescribed information is to be provided.

45R(2)  
The RSA provider of a prescribed RSA must give the prescribed information in relation to the RSA to the Commissioner of Taxation in accordance with the regulation. Contravening requirement to give information

45R(3)  
A person commits an offence of strict liability if the person contravenes subsection (2).

Penalty: 25 penalty units.

Note:

For offences of strict liability, see subsection 6.1(1) of the Criminal Code .




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