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 359 - Private rulings  

Private rulings  

SECTION 359-25   TIME OF APPLICATION OF PRIVATE RULINGS  

359-25(1)  
A *private ruling may specify the time from which it begins to apply and the time at which it ceases to apply.

359-25(2)  
The specified start time, or end time, may be before, when, or after the *private ruling is made and may be determined by reference to a specified event.

359-25(3)  
A *private ruling that does not specify a start time applies from the time when it is made.

359-25(4)  


A *private ruling, other than an *indirect tax or excise ruling, that does not specify an end time ceases to apply at the end of the income year or other accounting period in which it started to apply.
Note:

A private ruling that:

  • (a) is an indirect tax or excise ruling; and
  • (b) does not specify an end time;
  • continues to apply until it is overridden by a later indirect tax or excise ruling: see subsection 357-75(1B) .





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