Commonwealth Consolidated Acts

TAX AGENT SERVICES ACT 2009 - SECT 45.10

  (1)   If:

  (a)   you are a * disqualified entity; and

  (b)   you are seeking to provide * tax agent services on behalf of a * registered tax agent or BAS agent;

you must notify the registered tax agent or BAS agent, in writing, that you are a disqualified entity before the registered tax agent or BAS agent:

  (c)   enters into a contract to employ you, or use your services, to provide tax agent services on the registered tax agent or BAS agent's behalf; or

  (d)   renews such a contract; or

  (e)   agrees to extend such a contract.

  (2)   If:

  (a)   you are a * disqualified entity; and

  (b)   you are seeking to enter into an * arrangement with a * registered tax agent or BAS agent in connection with the provision of tax agent services by the registered tax agent or BAS agent;

you must notify the registered tax agent or BAS agent, in writing, that you are a disqualified entity before the registered tax agent or BAS agent:

  (c)   enters into an arrangement with you in connection with the provision of tax agent services by the registered tax agent or BAS agent; or

  (d)   renews such an arrangement; or

  (e)   agrees to extend such an arrangement.

Civil penalty

  (3)   You contravene this subsection if you fail to give a notice in accordance with subsection   (1) or (2).

Civil penalty:

  (a)   for an individual--250 penalty units; and

  (b)   for a body corporate--1,250 penalty units.

Note:   Subdivision   50 - C of this Act and Subdivision   298 - B in Schedule   1 to the Taxation Administration Act 1953 determine the procedure for obtaining a civil penalty order against you.