Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 5 - Administration  

PART 5-35 - REGISTRATION AND SIMILAR PROCESSES FOR VARIOUS TAXES  

Division 426 - Process of endorsing charities and other entities  

Subdivision 426-B - Process of endorsement etc.  

SECTION 426-45   TELLING COMMISSIONER OF LOSS OF ENTITLEMENT TO ENDORSEMENT  

426-45(1)  
Before, or as soon as practicable after, an entity that is endorsed ceases to be entitled to be endorsed, the entity must give the Commissioner written notice of the cessation.

Note 1:

Failure to comply with this subsection is an offence against section 8C .

Note 2:

Section 426-50 modifies the way this subsection operates in relation to partnerships and unincorporated bodies.

426-45(2)  
The notice:


(a) may be *lodged electronically; and


(b) must be signed for the entity, or include the entity ' s *electronic signature if the document is lodged electronically.

426-45(3)  
Subsection (1) does not apply to an entitlement to endorsement ceasing because the entity ceases to have an *ABN.




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