Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_7:p4
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 7 (pt 4/4)
Character Range: 1246345–1248424

the Acts Interpretation Act 1901 may be relevant to giving a notice under subsection (1).
Note 2: Section 269‑50 of this Act is also relevant to giving a notice under subsection (1).

269‑30  Effect on penalty of directors' obligation ending before end of notice period
 (1) Subject to subsection (2), a penalty of yours under this Division is remitted if the directors of the company stop being under the relevant obligation under section 269‑15:
 (a) before the Commissioner gives you notice of the penalty under section 269‑25; or
 (b) within 21 days after the Commissioner gives you notice of the penalty under that section.
 (2) The following table has effect:

When appointing administrator or restructuring practitioner or winding up company does not affect penalty
Item                                                                                                       Column 1                                                                                                 Column 2                                                                                                                                                                                                                   Column 3
                                                                                                           If the company's obligation is to pay to the Commissioner, on or before the due day …                    and, because of paragraph                                                                                                                                                                                                  subsection (1) does not apply …
                                                                                                                                                                                                                    269‑15(2)(b), (ba) or (c) (an administrator or a restructuring practitioner is appointed, or the company begins to be wound up), the directors stop being under the relevant obligation after …