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 4-15 - COLLECTION AND RECOVERY OF TAX-RELATED LIABILITIES AND OTHER AMOUNTS  

Division 255 - General rules about collection and recovery  

Subdivision 255-D - Security deposits  

SECTION 255-110   255-110   OFFENCE  

You commit an offence if:

(a) the Commissioner requires you to give security under section 255-100 ; and

(b) you fail to give that security as required.

Penalty: 100 penalty units.