Tax Laws Amendment (2004 Measures No. 6) Act 2005 (23 of 2005)

Schedule 2   Copyright collecting societies

Taxation Administration Act 1953

13   At the end of Division 288 of Part 4-25 in Schedule 1 (before the link note)


288-75 Administrative penalty for a copyright collecting society

A *copyright collecting society is liable to an administrative penalty of 20 penalty units if the society fails to give a notice to a *member as required by section 410-5 of the Income Tax Assessment Act 1997.

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