Document ID: chunk:federal_register_of_legislation:F2024L00551:reg:5:p2
Version: federal_register_of_legislation:F2024L00551
Segment Type: reg
Provision Reference: reg 5 (pt 2/2)
Character Range: 5206–5860

this instrument prevents the Commissioner from issuing a notice under sections 162 or 163 of the Act requiring a person to give the Commissioner, in the approved form and within the time required, a return, or a further or fuller return, or any information, statement or document about the person's financial affairs. It also does not prevent the Commissioner from granting an exemption from lodgment.
Note 3: Any person who does not give a return, or any other information when and as required under a taxation law, commits an offence under section 8C of the TAA. They may also become liable to pay a penalty under Division 286 in Schedule 1 to the TAA.