Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_3:p4
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 3 (pt 4/15)
Character Range: 527471–530215

making false or misleading declarations
 (2) You are liable to pay the Commissioner a penalty of 80 penalty units if:
 (a) you make a statement; and
 (b) the statement is, or purports to be, a declaration under section 14‑225; and
 (c) the statement is false or misleading in a material particular, whether because of things in it or omitted from it; and
 (d) you were reckless in connection with the making of the statement.
Note: Division 298 contains machinery provisions for administrative penalties.

Not taking reasonable care in making declarations
 (3) You are liable to pay the Commissioner a penalty of 40 penalty units if:
 (a) you make a statement; and
 (b) the statement is, or purports to be, a declaration under section 14‑225; and
 (c) the statement is false or misleading in a material particular, whether because of things in it or omitted from it; and
 (d) you did not take reasonable care in connection with the making of the statement.
Note: Division 298 contains machinery provisions for administrative penalties.

14‑235  Varying amounts to be paid to the Commissioner

Policies relevant to varying amounts
 (1) In exercising a power under this section to vary an amount, the Commissioner must have regard to the need to protect a creditor's right to recover a debt.

Varying particular amounts
 (2) The Commissioner may, in writing, vary a particular amount payable by you to the Commissioner under this Subdivision. The variation takes effect when you become aware of it.
Note: Decisions to vary, or not to vary, are reviewable (see section 20‑80).
 (3) Any of the following entities may apply to the Commissioner in the *approved form for a variation under subsection (2):
 (a) you;
 (b) an entity from which you *acquire, or could acquire, the *CGT asset;
 (c) an entity that is owed a debt by an entity covered by paragraph (b).
 (4) A variation made under subsection (2) is not a legislative instrument.

Varying classes of amounts
 (5) The Commissioner may, by legislative instrument, vary classes of amounts payable to the Commissioner under this Subdivision.

Amounts may be reduced to nil
 (6) The Commissioner's power under subsection (2) or (5) to vary an amount includes the power to reduce the amount to nil.

Subdivision 14‑E—GST payable on taxable supplies of certain real property

Table of sections
14‑250 Recipients of certain taxable supplies of real property must pay amounts to Commissioner
14‑255 Notification by suppliers of residential premises etc.

14‑250  Recipients of certain taxable supplies of real property must pay amounts to Commissioner

Liability to pay an amount
 (1) You must pay to the Commissioner an amount if:
 (a) you are the recipient (within the meaning of the *GST Act) of a