INCOME TAX ASSESSMENT ACT 1936

PART VA - TAX FILE NUMBERS  

Division 3 - Quotation of tax file numbers by recipients of eligible PAYG payments  

SECTION 202CA   OPERATION OF TFN DECLARATION  

202CA(1)   [Effective form when made]  

Subject to this Division, a TFN declaration commences to have effect when it is made.

202CA(1A)   [Subsequent declaration]  

A TFN declaration ceases to have effect when the recipient makes another TFN declaration in relation to the payer.

202CA(1B)   [Lapse after 12 months]  

A TFN declaration ceases to have effect 12 months after it is made if no eligible PAYG payment is made by the payer to the recipient during that 12 month period.

202CA(1C)   [Where PAYG payment is made]  

If:


(a) the payer makes an eligible PAYG payment to the recipient after the TFN declaration is made; and


(b) a period of 12 months then elapses without any further eligible PAYG payment being made by the payer to the recipient;

then the TFN declaration ceases to have effect at the end of that period of 12 months.

202CA(2)   [Where sec 202CA(3) applies]  

A TFN declaration to which a determination under subsection (3) applies ceases to have effect at the end of the day fixed by the determination.

202CA(3)   [Determination by Commissioner]  

The Commissioner may determine that:


(a) all TFN declarations; or


(b) a specified class of TFN declarations;

shall cease to have effect at the end of the day specified in the determination.

202CA(4)   [Notice of determination]  

A determination shall be made by notice published in the Gazette.


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