Taxation Administration Act 1953 (Cth) s269-30: s 269-30 Remission of penalty before end of notice period

A director's penalty is remitted if, before the end of 21 days after the Commissioner gives the penalty notice under s 269-25, the company complies with its obligation, an administrator of the company is appointed, or the company begins to be wound up. Per the 2012 lockdown amendment (not read against compilation 226 this run), this remission path is not available for a penalty relating to an amount that was never notified to the Commissioner (for example an unlodged BAS or SGC statement) within 3 months of its due day; in that case only payment of the underlying debt discharges the penalty.