INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART VI - COLLECTION AND RECOVERY OF TAX  

Division 1AA - Reportable payments system (RPS)  

Subdivision A - Object and outline  

SECTION 220AA   220AA   OBJECT  
The object of this Division is to facilitate the efficient collection of tax by:

(a) providing for payers of certain payments ( ``reportable payments'' ) to make deductions from those payments if the payee's tax file number is not quoted; and

(b) requiring payers of reportable payments to give reports to the Commissioner about those payments.