S 6 amended by No 55 of 2013, s 3 and Sch 1 items 2
-
3, by omitting
"
on the lodgment of a return
"
after
"
payable
"
and substituting
"
$300
"
for
"
$200
"
, applicable in relation to the 2013-14 year of income and later years of income.
S 6 substituted by No 14 of 2007, s 3 and Sch 1 item 1, applicable to the 2007-2008 income year and later years. S 6 formerly read:
SECTION 6 AMOUNT OF LEVY
6(1)
The amount of levy payable on the lodgment of a return for a year of income is the sum of:
(a)
an amount (not exceeding $200) specified in regulations for the purposes of this subsection; and
(b)
if the return is not lodged by the date specified in the regulations in respect of a year of income
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the late lodgment amount which the trustee is liable to pay under subsection
6(2)
in relation to that return.
History
S 6(1) amended by No 121 of 1999.
6(2)
Late lodgment amount.
The late lodgment amount in relation to a return is the amount (not exceeding $25) specified in regulations for the purposes of this subsection, in respect of:
(a)
the calendar month beginning on the day after the day on which the return was required to be lodged; and
(b)
each subsequent calendar month beginning before the day on which the return is lodged.
6(3)
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(5)
(Omitted by No 121 of 1999)
S 6(2) substituted by No 121 of 1999 and amended by No 117 of 1995.
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