New South Wales Repealed Regulations

This legislation has been repealed.

PROTECTION OF THE ENVIRONMENT ADMINISTRATION REGULATION 2012 - REG 16

16 Debts

(1) A member must disclose in a primary return and an ordinary return the name and address of each person to whom the member was liable to pay any debt:

(a) in the case of a primary return--on the primary return date, or

(b) in the case of an ordinary return--at any time during the ordinary return period.

(2) The liability referred to in this clause must be disclosed whether or not the amount, or any part of the amount, was due and payable on that date or at any time during that period.

(3) The liability referred to in this clause need not be disclosed:

(a) if the amount to be paid did not exceed $500, unless the debt was one of 2 or more such debts that the member was liable to pay to one person and the amounts to be paid exceeded, in the aggregate, $500, or

(b) if the member was liable to pay the debt to a relative, or

(c) if the debt arose from a loan of money, and the member was liable to pay the debt to an authorised deposit-taking institution or other person whose ordinary business includes the lending of money and the loan was made in the ordinary course of business of the lender, or

(d) if the debt arose from the supply of goods or services, and the goods or services were supplied:

(i) in the period of 12 months immediately preceding the primary date, or

(ii) during the ordinary return period, or

(iii) in the ordinary course of any occupation of the member that is not related to his or her duties as a member.