Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS  

Division 419 - Critical minerals (tax offset for Australian production expenditure)  

Subdivision 419-C - Registering activities and facilities for the CMPTI tax offset  

SECTION 419-85  

419-85   Advising the Commissioner about a registration  

Based on all information the * Industry Secretary has about a company ' s registration of a * registered CMPTI processing activity for an income year, the Industry Secretary must advise the Commissioner:

(a)    whether the activity is being carried on in accordance with the registration; and

(b)    whether the company is carrying on any * CMPTI processing activities during the income year that are not registered CMPTI processing activities; and

(c)    whether the company is carrying on any other activities during the income year that the Industry Secretary believes may be relevant to the Commissioner ' s administration of this Division.

Note:

Such advice could be based on information from sources including:

(a) applications under sections 419-35 , 419-55 and 419-60 ; and

(b) annual reports given under section 419-45 ; and

(c) requests made under section 419-80 .