266Payment of duty by authorised persons

266 Payment of duty by authorised persons

(1) An authorised person must, in accordance with this section—

(a) lodge a return with the Commissioner specifying the total of all amounts of duty endorsed on instruments by the authorised person under section 265; and

(b) pay to the Commissioner a sum equal to that total.

1. 20 penalty units plus an amount equal to double the amount that would have been payable if the provision had been complied with.

s. 266(1) inserted by No. 13/2013 s. 56(2).

(2) The return is to be lodged, and the sum paid, at the intervals, and in respect of the periods, determined by the Commissioner.