Income Tax Assessment Act 1936
Pt VIIA repealed by No 114 of 2009, s 3 and Sch 1 item 7, effective 1 March 2010.
Pt VIIA originally inserted by No 10 of 1943.
Div 6 repealed by No 114 of 2009, s 3 and Sch 1 item 7, effective 1 March 2010.
Div 6 inserted by No 78 of 1988.
(Repealed by No 114 of 2009)
S 251KH repealed by No 114 of 2009, s 3 and Sch 1 item 7, effective 1 March 2010. S 251KH formerly read:
Penalty: 5 penalty units. S 251KH(1) amended by
No 143 of 2007
, s 3 and Sch 7 item 104, by substituting
5 penalty units
in the penalty, effective 24 September 2007. For
, see section
SECTION 251KH TAX AGENTS THAT ARE PARTNERSHIPS
A partnership that is registered as a tax agent shall forthwith notify the Board by which it was registered if:
(a) a partner becomes an undischarged bankrupt;
(b) a person becomes an executive officer of a partner that is a company;
(c) a person who is a registered nominee of the partnership for the purposes of this Part and was employed by the partnership at the time the person was last registered as a nominee ceases to be employed by the partnership; or
(d) the partnership permanently ceases to carry on business as a tax agent.
An offence under subsection (1) is an offence of strict liability.
Penalty: 5 penalty units.
S 251KH(1) amended by No 143 of 2007 , s 3 and Sch 7 item 104, by substituting " 5 penalty units " for " $500 " in the penalty, effective 24 September 2007.
For strict liability , see section 6.1 of the Criminal Code .
S 251KH(2) inserted by No 146 of 2001.
S 251KH inserted by No 78 of 1988.
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