Taxation Administration Act 1953

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

Note: See section 3AA .

Chapter 5 - Administration  

PART 5-25 - RECORD-KEEPING AND OTHER OBLIGATIONS RELATING TO TAXPAYERS  

Division 393 - Reports by investment bodies  

SECTION 393-10   ANNUAL INVESTMENT INCOME REPORTS  

393-10(1)    
An entity must give to the Commissioner a report, for a * financial year, on all * Part VA investments in relation to which it was an * investment body at any time during the year.

393-10(2)    
The report must be in the * approved form.

393-10(3)    
The report must be given to the Commissioner within the following period after the end of the * financial year:

(a) the period the Commissioner specifies by legislative instrument; or

(b) otherwise - 4 months.

Note:

Section 388-55 allows the Commissioner to defer the time for giving an approved form.

393-10(4)    
The report need not include particulars of an investment for which the return during the * financial year was less than $ 1.

393-10(5)    
Despite subsection (1), the entity need not give to the Commissioner a report, for a * financial year during which the total number of * Part VA investments in relation to which it was an * investment body is less than:

(a) the number the Commissioner specifies by legislative instrument; or

(b) otherwise - 10.

393-10(5A)    

Paragraph (5)(b) does not apply to an * investment body that is a * managed investment trust.

393-10(6)    
Subsection (1) does not apply to an * investment body in relation to a * financial year for which the investment body has complied with an * arrangement in force between the investment body and the Commissioner relating to the reporting on * Part VA investments.