Section 140ZN — Regulations about nomination training contribution charge

140ZN Regulations about nomination training contribution charge

(1) The regulations may make provision for, or in relation to, all or any of the following matters:

(a) when nomination training contribution charge is due and payable;

(b) the method of paying nomination training contribution charge (including the currency in which the charge must be paid);

(c) the remission or refund of nomination training contribution charge;

(d) the overpayment or underpayment of nomination training contribution charge;

(e) the payment of a penalty in relation to the underpayment of nomination training contribution charge;

(f) the giving of information and keeping of records relating to a person’s liability to pay nomination training contribution charge.

(2) For the purposes of paragraph (1)(e), the penalty payable must be a civil penalty not exceeding 60 penalty units.