Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-30
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SUPERANNUATION
Division 313
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First home super saver scheme
Subdivision 313-C
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Purchasing or constructing a residential premises
Operative provisions
SECTION 313-40 Notifying Commissioner 313-40(1)
You must notify the Commissioner in the *approved form of the matters set out in paragraphs 313-35(1)(a) to (f) .
313-40(2)
The notification must be made within 28 days, or such longer period as the Commissioner allows, after you enter into the contract to purchase or construct the *residential premises.
313-40(3)
Subsection (1) does not limit the information that the *approved form may require the notification to contain.
View history note
Hide history noteSECTION 313-40 Notifying Commissioner 313-40(1)
You must notify the Commissioner in the *approved form of the matters set out in paragraphs 313-35(1)(a) to (f) .
313-40(2)
The notification must be made within 28 days, or such longer period as the Commissioner allows, after you enter into the contract to purchase or construct the *residential premises.
Note:
If you request an extension of the period, you may object against a decision of the Commissioner under this subsection (see section 313-85 ).
[ CCH Note: S 313-40(2) will be amended by No 75 of 2023, s 3 and Sch 4 items 12 and 13, by substituting " the 90-day period " for " 28 days " and inserting " the day " after " after " , effective 15 September 2024. For application and transitional provisions, see note under s 306-10 .]
313-40(3)
Subsection (1) does not limit the information that the *approved form may require the notification to contain.
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