Document ID: chunk:federal_register_of_legislation:C2012C00706:clause:1_4
Version: federal_register_of_legislation:C2012C00706
Segment Type: clause
Provision Reference: sch 1 cl 4
Character Range: 10289–11121

4  Application of amendments
The amendments made by this Division apply to penalties that are:
 (a) payable under Subdivision 269‑B in Schedule 1 to the Taxation Administration Act 1953 (including penalties in relation to which subitem 65(4) of Schedule 1 to the Tax Laws Amendment (Transfer of Provisions) Act 2010 applies); and
 (b) due:
 (i) at or after the commencement of this item; or
 (ii) before the commencement of this item, to the extent the penalties are not paid, remitted or discharged before the commencement of this item.
Note: Subitem 65(4) of Schedule 1 to the Tax Laws Amendment (Transfer of Provisions) Act 2010 applies in relation to penalties that were payable under Division 9 of former Part VI of the Income Tax Assessment Act 1936.

Division 2—Penalties for new directors

Taxation Administration Act 1953