Document ID: chunk:federal_register_of_legislation:C2018A00064:clause:1_17
Version: federal_register_of_legislation:C2018A00064
Segment Type: clause
Provision Reference: sch 1 cl 17
Character Range: 13789–14436

17  At the end of section 129AEA
Add:

Subsection 129ACA(2) applies
 (4) A person is liable for an administrative penalty in respect of a professional service if:
 (a) the CEO has made a determination under subsection 129ACA(2) in relation to a recoverable amount in respect of the service; and
 (b) notice has been served on the person (as mentioned in subsection 129ACA(5)) claiming the shared amount or remaining amount (as the case may be) of that recoverable amount as a debt due to the Commonwealth; and
 (c) the recoverable amount is more than:
 (i) $2,500; or
 (ii) if a higher amount is prescribed by the regulations—that higher amount.