Document ID: chunk:federal_register_of_legislation:C2025C00014:section:262a:p7
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 262A (pt 7/7)
Character Range: 1812062–1812922

see subsection 13.3(3) of the Criminal Code.
 (5A) An offence under this section is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.
 (6) In this section:
associate has the same meaning as in the Income Tax Assessment Act 1997.
foreign bank means body corporate that is a foreign ADI (authorised deposit‑taking institution) for the purposes of the Banking Act 1959.
forestry managed investment scheme has the same meaning as in the Income Tax Assessment Act 1997.
forestry manager of a forestry managed investment scheme has the same meaning as in the Income Tax Assessment Act 1997.
participant in a forestry managed investment scheme has the same meaning as in the Income Tax Assessment Act 1997.
Penalty: 30 penalty units.
Note: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.