Document ID: chunk:federal_register_of_legislation:C2010C00605:clause:11_15
Version: federal_register_of_legislation:C2010C00605
Segment Type: clause
Provision Reference: sch 11 cl 15
Character Range: 148756–149603

15  Subsection 286‑80(2) of Schedule 1
Repeal the subsection, substitute:

 (2) The base penalty amount is:
 (a) for failing to lodge a return, notice or other document on time or in the *approved form—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 to the Commissioner (up to a maximum of 5 penalty units); or
 (b) for failing to give written details as mentioned in subsection 286‑75(3)—1 penalty unit for each period of 28 days or part of a period of 28 days starting on the day when the details are due and ending when you give the details.

Note: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.

Example: An entity lodges a return 31 days late. The base penalty amount under subsection (2) is 2 penalty units.