A New Tax System (Australian Business Number) Act 1999
31Regulations
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31 Regulations
(1) The Governor‑General may make regulations prescribing matters: (a) required or permitted by this Act to be prescribed; or (b) necessary or convenient to be prescribed for carrying out or giving effect to this Act; and, in particular: (c) prescribing fees; or (d) prescribing penalties, not exceeding 10 penalty units, for offences against the regulations. (2) The amount of a fee prescribed under paragraph (1)(c): (a) must be reasonably related to the expenses incurred or to be incurred by the *Registrar in connection with the activity that attracts the fee; and (b) must not be such as to amount to taxation.