Tax Laws Amendment (2010 GST Administration Measures No. 1) Act 2010 (21 of 2010)
Schedule 1 Adjustments for third party payments
Taxation Administration Act 1953
27 At the end of section 288-45 in Schedule 1 (before the note)
(3) You are liable to an administrative penalty of 20 penalty units if you fail to issue a third party adjustment note as required by section 134-20 of the *GST Act.