Document ID: chunk:federal_register_of_legislation:C2025A00016:clause:5_310d:p2
Version: federal_register_of_legislation:C2025A00016
Segment Type: clause
Provision Reference: sch 5 cl 310D (pt 2/2)
Character Range: 244698–245713

If an associated entity is deregistered before the end of the period for providing the return as mentioned in paragraph (2)(a), subsection (1) applies to the person who was the financial controller of the associated entity immediately before that deregistration.

Exception—information provided in another return
 (5) Subsection (1) does not apply to the financial controller of an entity for a calendar year if:
 (a) the entity is also a nominated entity at a time in the year; and
 (b) a return is provided under section 310E (nominated entity returns) that:
 (i) sets out the information required by this section for the entity for the year; and
 (ii) specifies any period in the year during which the entity was an associated entity and not also a nominated entity; and
 (iii) for any such period—makes clear which information relates to the period.

No continuing contraventions
 (6) Subsection 93(2) of the Regulatory Powers Act does not apply in relation to a contravention of subsection (1) of this section.