50‑18 Advertising tax (financial) advice50‑18 Advertising tax (financial) advice services if not registered or qualified

#### 50‑18 Advertising tax (financial) advice services if not registered or qualified You contravene this section if: (a) you advertise that: (i) you will provide a \*tax (financial) advice service; or (ii) another person will provide a tax (financial) advice service on your behalf; and (b) the tax (financial) advice service is not a \*BAS service; and (c) you are not a \*registered tax agent or a \*qualified tax relevant provider; and (d) if the tax (financial) advice service would be provided on your behalf by another person—that other person is not a registered tax agent or a qualified tax relevant provider; and (e) if the tax (financial) advice service would be provided as a legal service—you are prohibited, under a \*State law or \*Territory law that regulates legal practice and the provision of legal services, from providing that tax (financial) advice service. Civil penalty: (a) for an individual—50 penalty units; and (b) for a body corporate—250 penalty units. > Note: Subdivision 50‑C of this Act and Subdivision 298‑B in Schedule 1 to the Taxation Administration Act 1953 determine the procedure for obtaining a civil penalty order against you.