Tax Agent Services Act 2009
The Board must, by notifiable instrument, publish notice of the following decisions: (a) a decision under Subdivision 30-B or 40-A to terminate the registration of a * registered tax agent or BAS agent; (b) a decision under section 30-25 to suspend the registration of a registered tax agent or BAS agent.
[ CCH Note: Subdiv 60-G will be inserted by No 101 of 2023, s 3 and Sch 3 item 14, effective 1 July 2024. Subdiv 60-G will read:
Subdivision 60-G - Finance
SECTION 60-145 Tax Practitioners Board Special Account
60-145(1)
The Tax Practitioners Board Special Account is established by this section.
60-145(2)
The Tax Practitioners Board Special Account is a special account for the purposes of the Public Governance, Performance and Accountability Act 2013 .
SECTION 60-150 Credits to the Tax Practitioners Board Special Account
60-150
There must be credited to the Tax Practitioners Board Special Account amounts equal to the following:
(a) amounts received by the Commonwealth under this Act (other than amounts received by way of penalty or amounts related to such amounts);
(b) amounts appropriated by the Parliament for the purposes of the Account.Note:
An Act appropriating money for expenditure out of the Consolidated Revenue Fund may contain a provision to the effect that, if any of the purposes of a special account is a purpose that is covered by an item in such an Act (whether or not the item expressly refers to the special account), then amounts may be debited against the appropriation for that item and credited to that special account.
SECTION 60-155 Purposes of the Tax Practitioners Board Special Account
60-155
The purposes of the Tax Practitioners Board Special Account are as follows:
(a) paying or discharging the costs, expenses and other obligations incurred by the Commonwealth in the performance of the Board ' s functions under this Act;
(b) paying any remuneration and allowances payable to any person under this Act (including APS employees mentioned in section 60-80 );
(c) reducing the balance of the account (and therefore the available appropriation for the account) without making a real or notional payment.Note:
See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).
No 101 of 2023, s 3 and Sch 3 item 14 contains the following provision:
the refunded amount is not to be debited from the Tax Practitioners Board Special Account.
15 Refund of amount received before commencement not to be debited from the Tax Practitioners Board Special Account
]
15
If:
(a)
before the commencement of this Part, an amount is received by the Commissioner, on behalf of the Commonwealth, under the
Tax Agent Services Act 2009
; and
(b)
all or some of the amount is refunded by the Commonwealth on or after the commencement of this Part;
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