Document ID: chunk:federal_register_of_legislation:C2021C00453:clause:6_8
Version: federal_register_of_legislation:C2021C00453
Segment Type: clause
Provision Reference: sch 6 cl 8
Character Range: 46159–47368

8  After subsection 205F(5)
Insert:
 (5A) The pecuniary penalty payable by a person in respect of a contravention of subsection 205AG(1) must not exceed the sum of:
 (a) whichever of the following is applicable:
 (i) if the person is a body corporate—2,000 penalty units;
 (ii) if the person is not a body corporate—400 penalty units; and
 (b) if the Federal Court is satisfied that, as a result of the scheme to which the contravention relates, the person or another person has avoided becoming liable to pay an amount of interim tax—200% of the amount of interim tax avoided.
 (5B) The pecuniary penalty payable by a person in respect of a contravention of subsection 205E(1) that relates to subsection 205AG(1) must not exceed the sum of:
 (a) whichever of the following is applicable:
 (i) if the person is a body corporate—2,000 penalty units;
 (ii) if the person is not a body corporate—400 penalty units; and
 (b) if the Federal Court is satisfied that, as a result of the scheme to which the contravention of subsection 205AG(1) relates, the person or another person has avoided becoming liable to pay an amount of interim tax—200% of the amount of interim tax avoided.

Radiocommunications Act 1992