59Notification of amount of taxable income

59 Notification of amount of taxable income

(1) Where: (a) an applicant has furnished to the Secretary a certificate, or a statement under paragraph 34(2)(b), stating the amount of his taxable income for a year of income; and (b) he subsequently receives a certificate, or a further certificate, as the case may be, stating the amount of his taxable income for the year of income and the amount so stated is greater than the amount referred to in paragraph (a); he shall forthwith furnish the certificate to the Secretary or, if he is unable to do so, furnish to the Secretary, in lieu of that certificate, a fresh certificate stating the amount of his taxable income for the year of income.

Penalty: $1,000 or imprisonment for 6 months, or both.

(1A) Strict liability applies to the element of an offence against subsection (1) that a statement is a statement under paragraph 34(2)(b). (2) An expression used in this section and in Division 3 of Part III has the same meaning in this section as in that Division.