Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 410.5

  (1)   A * copyright collecting society must give a * member of the society notice of any payment it makes to the member, if section   51 - 43 applies to the society.

  (2)   The society must give the notice at the time of the payment.

  (3)   The notice must be in the * approved form.

Note:   Under section   288 - 75 in Schedule   1 to the Taxation Administration Act 1953 a society is liable to an administrative penalty for failing to give a notice required under this section.