TAXATION ADMINISTRATION ACT 1953

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

Note: See section 3AA .

Chapter 5 - Administration  

PART 5-5 - RULINGS  

Division 357 - Object and common rules  

Subdivision 357-B - Common rules for rulings  

Common rules for private and oral rulings

SECTION 357-120   357-120   COMMISSIONER MAY TAKE INTO ACCOUNT INFORMATION FROM THIRD PARTIES  


In making a *private ruling or an *oral ruling, the Commissioner may take into account any relevant information provided by an entity other than the applicant (whenever it was provided) if the Commissioner:


(a) tells the applicant what that information is and that the Commissioner intends to take the information into account; and


(b) gives the applicant a reasonable opportunity to respond before making the ruling.

Note:

The Commissioner should make a private ruling within 60 days. However, if the Commissioner tells the applicant about third party information under this section, that period is extended: see subsection 359-50(2) .




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