12‑415 Failure to give notice or make in12‑415 Failure to give notice or make information available: administrative penalty

#### 12‑415 Failure to give notice or make information available: administrative penalty An entity that: (a) is required to give a notice, or make details available on a website, under section 12‑395 in relation to: (i) a payment made to another entity; or (ii) an amount paid or credited to, or dealt with on behalf of or as directed by, another entity; and (b) fails to comply with that section; is liable to pay to the Commissioner a penalty equal to the amount that would have been required to be withheld under this Subdivision (disregarding subsection 12‑385(5) and paragraph 12‑390(10)(b)) in relation to amounts attributable to the payment or amount if the notice had been given or the details had been made available. > Note: Division 298 in this Schedule contains machinery provisions for administrative penalties.