Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT 1984No. 123, 1984 - SECT 228

228. Section 68 of the Principal Act is amended-
(a) by omitting "residing in Australia";

   (b)  by omitting paragraph (c) and substituting the following paragraph:

"(c) The company shall duly appoint a public officer when and as often as such
an appointment becomes necessary.";
(c) by inserting in paragraph (f) "refusal or" before "failure"; and

   (d)  by adding at the end thereof the following sub-sections:

"(2) A person is not capable of being a public officer of a company unless the
person-

   (a)  is a natural person who has attained the age of 18 years;

   (b)  is ordinarily resident in Australia; and

   (c)  is capable of understanding the nature of the person's appointment as
        the public officer of the company.

"(3) A company that contravenes paragraph (1) (c) is, in respect of each day
on which it contravenes that paragraph (including the day of a conviction of
an offence against this sub-section or any subsequent day), guilty of an
offence punishable on conviction by a fine not exceeding $50.

"(4) Unless the contrary intention appears, a reference in sub-section (1) to
this Act or the regulations includes a reference to Part III of the
Taxation Administration Act 1953 to the extent to which that Part of that Act
relates to this Act or the regulations.".