Income Tax Assessment Act 1936
In this Part, unless the contrary intention appears:
, in relation to an application for the issue of a tax file number, means the person specified in the application as the person by whom or on whose behalf the issue of a tax file number is sought;
(a) the Reserve Bank of Australia;
(b) a body corporate that is an ADI (authorised deposit-taking institution) for the purposes of the Banking Act 1959 ; or
(c) a person who carries on State banking within the meaning of paragraph 51(xiii) of the Constitution.
(a) a payment from which an amount must be withheld under Subdivision 12-B (other than section 12-55 ), Subdivision 12-C or Subdivision 12-D in Schedule 1 to the Taxation Administration Act 1953 ; or
(aa) an alienated personal services payment in respect of which Division 13 in Schedule 1 to the Taxation Administration Act 1953 requires an amount to be paid to the Commissioner; or
(b) a non-cash benefit in respect of which an amount is payable to the Commissioner under section 14-5 in Schedule 1 to the Taxation Administration Act 1953 because of the application of that section in relation to Subdivision 12-B , 12-C or 12-D of that Schedule;
and has a meaning affected by section 202AA .
(a) a bank; or
(b) a co-operative housing society.
(c) (Repealed by Act No 44 of 1999)
(a) does any one or more of the following:
(i) accepts deposits of money to the credit of a person;
(ii) allows withdrawals from the money deposited;
(iii) pays cheques or payment orders drawn on the institution by, or collects cheques or payment orders on behalf of, the person; and
(b) pays or credits interest, or amounts in the nature of interest, on the balance standing to the credit of the person from time to time.
means a deposit of money, other than into an RSA, with a financial institution, in consideration of which the financial institution pays or credits interest, or amounts in the nature of interest, to a person.
means a person who is an investment body within the meaning of section 202D .
investment to which this Part applies
means an investment of a kind mentioned in section 202D .
means a person who is an investor within the meaning of section 202D .
(a) a person who makes an eligible PAYG payment (other than an alienated personal services payment), or is likely to make such a payment; or
(b) a person who receives an alienated personal services payment, or is likely to receive such a payment.
(a) a person who receives an eligible PAYG payment (other than an alienated personal services payment), or is likely to receive such a payment; or
(b) a person in relation to whose personal services income (within the meaning of the Income Tax Assessment Act 1997 ) a payer receives an alienated personal services payment, or is likely to receive such a payment.
(a) a number issued to the person under Division 2 ; or
(aa) a number issued to a person under section 44 or 48 of the Higher Education Funding Act 1988 ; or
(b) a number notified, before the commencement of this section, to the person as the person ' s income tax file number.
means a declaration made for the purposes of section 202C .
(a) a cash management trust;
(b) a property trust;
(c) an arrangement declared by the Minister, by notice published in the Gazette , to be a unit trust for the purposes of this definition;
but does not include any arrangement declared by the Minister, by notice published in the Gazette , not to be a unit trust for the purposes of this definition.
unit trust scheme
means an arrangement made for the purpose, or having the effect, of providing, for a person who has funds available for investment, facilities for participation by the person, as a beneficiary under a trust, in any profit or income arising from the acquisition, holding, management or disposal of property under the trust.
Definition of " eligible paying authority " and " salary or wages " repealed as inoperative by No 101 of 2006 , s 3 and Sch 1 items 156 and 157, effective 14 September 2006. For application and savings provisions and for former wording see the CCH Australian Income Tax Legislation archive .