What is the penalty under Australian law when contract cheating services are provided for a commercial purpose?Group of answer choicesUp to two years’ gaol and fines of up to $100,000There is no penaltyA warning

True or false – it is a crime under Australian law to advertise or provide contract cheating services to university students?Group of answer choicesTrueFalse

What are the AUSTRAC enforcement powers? (select all, if any, that apply)Group of answer choicesAppoint external auditorsInstigate remedial directions by requiring a reporting entity to take specified action to ensure complianceAccept enforceable undertakings detailing the specific actions a reporting entity will commence or ceaseIssue infringement noticesApply to the Australian Federal Court to obtain injunctionEnforce AML/CTF criminal judgmentsExtradite AML/CTF PEPs or criminalsCommence remittance registration actionsApply to the Australian Federal Court to obtain a penalty orderDispatch written notices

Contract cheating involves getting someone else to complete part or all of your work and then submitting the work as if you had completed it yourself is considered dishonest Group of answer choicesTrueFalse

Imagine that section 6 of the Tax Return Act 2024 (Cth) (the ‘TRA’) states:“If the taxpayer submits an inaccurate tax return, the taxpayer will be penalised with a fine equivalent to 3 times the tax that they ought to have paid.”The TRA was passed for the purpose of preventing tax underpayment.Homer, a man of high integrity who is nevertheless sometimes a bit naive, has been charged with submitting an inaccurate tax return under the TRA and the Australian Taxation Office is seeking a penalty under section 6. Homer stated a personal tax liability of $30,000 when it should have been $20,000 (meaning that he actually should have paid a lower amount of tax).Which statement or statements is (or are) most likely to be CORRECT? i. Homer’s lawyer will rely on a literal interpretation of the TRA.ii.  The ATO will seek to rely on an interpretation of section 6 of the TRA which follows the purposive approach.iii. Homer’s lawyer will likely argue that if we look at the purpose of the TRA, her client did not breach section 6. In this sense, this section should only apply to cases concerning tax underpayment (i.e. the rule does not cover cases about overpayment).iv. The ATO, arguing for a literal interpretation of section 6 of the TRA, will argue that Homer did breach the provision and, therefore, he must pay the fine. They will insist that section 6 of the Act does not distinguish between overpayment and underpayment and, therefore, the penalty applies in either case.Question 12Answera.Only (i) is likely to be correct.b.(iii) and (iv) are likely to be correct.c.Only (iv) is likely to be correct.d.(i) and (ii) are likely to be correct.

According to the immoral traffic (prevention) act of 1956, on first offence, what is the punishment for allowing your premises to be used for prostitutionOPTIONSOne to Three years imprisonment and fineUp to Two years imprisonment and fineTwo to Five years imprisonment and fineNo imprisonment but only fine