Tax Laws Amendment (Simplified Superannuation) Act 2007 (9 of 2007)
Schedule 4 Reporting
Taxation Administration Act 1953
12 Paragraph 286-80(2)(a) in Schedule 1
Repeal the paragraph, substitute:
(a) for failing to give a return, notice or other document on time or in the *approved form, as mentioned in subsection 286-75(1) or (2A) - 1 penalty unit for each period of 28 days or part of a period of 28 days starting on the day when the document is due and ending when you give it (up to a maximum of 5 penalty units); or
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