A New Tax System (Tax Administration) Act (No. 2) 2000 (91 of 2000)

Schedule 2   Consequential and miscellaneous amendments

Part 1   General

Petroleum Resource Rent Tax Assessment Act 1987

57   Subsection 35A(4)

Repeal the subsection, substitute:

(4) The prescribed penalty is 5 penalty units for each week or part of a week during which the contravention continues.

Note: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.