Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020 (69 of 2020)

Schedule 1   Amendments relating to the Registrar

Part 2   Other amendments

Income Tax Assessment Act 1997

1384   Subsection 995-1(1)

Insert:

data standards means standards made by the Registrar under section 13 of the Commonwealth Registers Act 2020 to the extent that they relate to the Registrar's functions or powers in connection with the A New Tax System (Australian Business Number) Act 1999.

Note: The data standards deal with how the Registrar's functions and powers are performed and exercised. For example, they may provide for:

(a) the collection of information; and

(b) the manner and form in which information is given to the Registrar; and

(c) the manner and form of communication between the Registrar and persons who give information to the Registrar or seek to access information held by the Registrar.

Registrar has the same meaning as in the A New Tax System (Australian Business Number) Act 1999.