49—Amendment of section 70—Recovery on default
Section 70(1) to (4)—delete subsections (1) to (4) (inclusive) and
substitute:
(1) Without limiting
the operation of Division 6, if an employer—
(a)
fails or neglects to provide any information when required by or under this
Part; or
(b)
provides any information that the Corporation has reasonable grounds to
believe is defective in any respect,
the Corporation may make its own estimates, determinations or assessments
(which will then have force by operation of this section).
(2) In a case which
falls within the ambit of subsection (1)(a) or (b), the Corporation may,
in addition to any levy that may be payable, impose on the employer a fine of
an amount (not exceeding 3 times the amount assessed) fixed by the
Corporation.
(3) The Corporation
may for any proper reason remit a fine imposed under subsection (2)
wholly or in part.