Document ID: chunk:federal_register_of_legislation:C2009A00126:clause:1_19
Version: federal_register_of_legislation:C2009A00126
Segment Type: clause
Provision Reference: sch 1 cl 19
Character Range: 9904–10553

19  Section 288‑75 in Schedule 1
Repeal the section, substitute:

288‑75  Administrative penalty for a copyright or resale royalty collecting society
 (1) A *copyright collecting society is liable to an administrative penalty of 20 penalty units if the society fails to give a notice as required by section 410‑5 of the Income Tax Assessment Act 1997.
 (2) The *resale royalty collecting society is liable to an administrative penalty of 20 penalty units if the society fails to give a notice as required by section 410‑50 of the Income Tax Assessment Act 1997.
Note: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.