(1) Subject to subsection (2), a person who is given a substantiation notice must comply with the substantiation notice within the compliance period.
Penalty: 60 penalty units, in the case of a natural person;
300 penalty units, in the case of a body corporate.
(2) A natural person may refuse or fail to give particular information or produce a particular document in compliance with a substantiation notice on the ground that the information or document may—
(a) incriminate the person; or
(b) expose the person to a penalty.
(3) In this section, compliance period means—
(a) the period of 21 days specified in the compliance notice; or
(b) if an application is made under section 510M, the period of 21 days specified in the compliance notice, in addition to the period up until the time when the applicant is given notice of the Director's decision on the application; or
(c) if the period for complying with the notice has been extended under section 510M, the extended period.
S. 510O inserted by No. 45/2018 s. 339.