Commonwealth Consolidated Acts

RETIREMENT SAVINGS ACCOUNTS ACT 1997 - SECT 67AA

Proceedings

             (1)  In the case of any proceeding under, or arising out of, this Act, a person is not entitled to refuse or fail to comply with a requirement:

                     (a)  to answer a question or give information; or

                     (b)  to produce books; or

                     (c)  to do any other act;

on the ground that the answer or information, production of the books, or doing that other act, as the case may be, might tend to make the person liable to a penalty by way of a disqualification under section 67.

             (2)  Subsection (1) applies whether or not the person is a defendant in, or a party to, the proceeding or any other proceeding.

Statutory requirements

             (3)  A person is not entitled to refuse or fail to comply with a requirement under this Act:

                     (a)  to answer a question or give information; or

                     (b)  to produce books; or

                     (c)  to do any other act;

on the ground that the answer or information, production of the books, or doing that other act, as the case may be, might tend to make the person liable to a penalty by way of a disqualification under section 67.

Admissibility

             (4)  Subsections 66B(2), 117(3) and 120(2) do not apply to a proceeding for the imposition of a penalty by way of a disqualification under section 67.

Other provisions

             (5)  Subsections (1) and (3) of this section have effect despite anything in:

                     (a)  any other provision of this Act; or

                     (b)  the Administrative Appeals Tribunal Act 1975 .

Definition

             (6)  In this section:

"penalty" includes forfeiture.