RevNet Approved Persons are granted an Approval of a Special Tax Return Arrangement (the “Approval”) pursuant to which they are able to determine stamp duty and self-stamp instruments on RevNet.

Approved Persons are reminded that the Approval (and hence access to RevNet) is subject to the conditions contained in Part 4 of the Approval and reproduced here for your convenience.
RevenueSA has become aware through audit activity, that some Approved Persons are failing to observe the conditions of the Approval.

Breaches of the conditions will expose the Approved person to sanctions in line with the following:

1. Changed Circumstances
   
   Where the circumstances of the RevNet Approved Person change significantly, the RevNet Approved Person’s Approval will be withdrawn and a fresh application required.
   
   
2. Minor Breach
   
   A written warning of the breach will be given together with future monitoring of the Approved Person to ensure that corrective action has been undertaken, at least going forward.
   
   
3. Breaches Due to Carelessness or a Lack of Knowledge
   
   A written warning will be given. The warning will contain a requirement that the RevNet Approved Person attend RevenueSA for updated training.
   
   
4. Significant Breaches Due to Intentional Disregard or Repeated Carelessness
   
   Temporary withdrawal of access to RevNet.
   
   
5. Fraudulent Activities or Participation in Schemes to Evade Legal Liability
   
   Permanent withdrawal of access to RevNet.

FURTHER INFORMATION

Further information regarding RevNet can be obtained from RevenueSA.

Location

RevenueSA
State Administration Centre
200 Victoria Square East
ADELAIDE SA 5000

Telephone

(08) 8207 2333

Website

www.revenuesa.sa.gov.au

Postal

Commissioner of State Taxation
RevenueSA
GPO Box 1353
ADELAIDE SA 5001

Facsimile

(08) 8226 3805

E-mail

revnet@saugov.sa.gov.au

 20/6/2008

COMMISSIONER OF STATE TAXATION