Document ID: chunk:federal_register_of_legislation:C2017A00007:clause:1_921l:p2
Version: federal_register_of_legislation:C2017A00007
Segment Type: clause
Provision Reference: sch 1 cl 921L (pt 2/2)
Character Range: 27378–28018

monitoring body that fails to comply with this subsection may commit an offence (see subsection 921M(1)).

Determination by monitoring body not a legislative instrument
 (6) The determination is not a legislative instrument.

Offence
 (7) A person commits an offence if:
 (a) the person is a monitoring body for a compliance scheme; and
 (b) information is disclosed to the person in accordance with subsection 70‑40(3AA) of the Tax Agent Services Act 2009; and
 (c) the person uses or discloses the information for a purpose other than monitoring or enforcing compliance with the Code of Ethics under the scheme.
Penalty: 10 penalty units.