Being an employer, knowingly does not make a deduction required to be made under section 115 of this Act; or

Knowingly applies or permits the application of the amount of a deduction made or deemed made under section 115 of this Act for any purpose other than in payment to the Corporation or an agent of the Corporation; or

Knowingly provides altered, false, incomplete, or misleading information to the Corporation or any other person in respect of any matter or thing affecting a deduction required to be made under section 115 of this Act; or

Causes or attempts to cause any employer or other person to refrain from making a deduction required to be made under section 115 of this Act or to make a lesser deduction than the deduction required to be made under section 115; or

Obtains or attempts to obtain for the person’s own advantage or benefit credit with respect to, or a payment of, the whole or any part of the amount of a deduction made in accordance with section 115 of this Act from an amount included in the earnings of any other person,—

Imprisonment for a term not exceeding 5 years; or

A fine not exceeding $50,000; or

Both.

The first time the person is convicted in relation to a particular type of offence, to a fine not exceeding $25,000:

On every other occasion the person is convicted for the same type of offence, to a fine not exceeding $50,000.

Part VII—Interest (but subject to section 157a of the Tax Administration Act 1994); and

Part IX—insofar as the Part applies to establishing late payment and shortfall penalties (but subject to section 157a of the Tax Administration Act 1994); and

Part X—Recoveries; and

Part XI—insofar as the Part provides rights of remission, relief, and refunds in respect of interest, and late payment penalties and shortfall penalties,—

References in those provisions to tax laws being replaced by references to this Act and regulations or determinations of the Corporation or its agent made under it; and

References in those provisions to taxpayers being replaced by references to earners, employers, and employees; and

References in those provisions to the Commissioner being replaced by references to the Corporation or an agent of the Corporation; and

References in those provisions to tax positions being replaced by references to positions a person may take under this Act in relation to liabilities to pay an amount of premium or to deduct or withhold an amount of premium; and

References in those provisions to tax, tax payable, unpaid tax, and overpaid tax being replaced by references to premiums, premiums payable, unpaid premiums, and overpaid premiums; and

References in those provisions to tax liabilities or obligations to deduct and account for, or pay, amounts of tax being replaced by references to liabilities or obligations to deduct or account for, or pay, amounts of premiums or penalties in respect of premiums under this Act; and

References in those provisions to penalties in respect of tax obligations being replaced by references to penalties in respect of obligations under this Act; and

References in those provisions to assessments made under the Tax Administration Act 1994 being replaced by references to determinations made under this Act; and

The dates by which premiums and penalties are to be paid to the Corporation or its agent under this Act being the due dates for the purposes of those provisions; and

Such other changes as are necessary to give effect to this section being deemed to have been effected.

Amendments to premiums as a result of experience rating calculations carried out by the Corporation; or

Cessation adjustments under Part III of the Accident Rehabilitation and Compensation Insurance (Earnings Definitions) Regulations 1992.

Under section 115 of this Act; or

For the purposes of sections 115a and 115b of this Act—

Be convicted of an offence under section 115a of this Act; or

Be chargeable with a penalty under section 115b of this Act—

The expressions ‘combined tax and earner premium deduction’, ‘Commissioner’, ‘employee’, ‘employer’, ‘income tax’, ‘private domestic worker’, ‘salary or wages’, ‘source deduction payment’, and ‘tax deduction’ have the same meanings as in the Income Tax Act 1994; and

The expressions ‘irregular payment employee’ and ‘income year’ have the meanings given to them in regulations made under this Act.”