S 140Q repealed by No 15 of 2007, s 3 and Sch 1 item 6, applicable to the 2007-2008 income year and later years. S 140Q formerly read:
SECTION 140Q ROLL-OVERS TO BE NOTIFIED TO COMMISSIONER
Notice to be given.
a person becomes entitled to receive payment of an ETP; and
the entitlement arose on or after 1 July 1994; and
the entitlement arises out of the commutation of a superannuation pension or an immediate annuity; or
the ETP represents the residual capital value of a superannuation pension or annuity; and
the person rolls-over the whole or a part of the ETP;
the payer of the ETP must give to the Commissioner a notice containing such information as is specified in the regulations.
Subsection (1) does not apply to an ETP made in relation to the non-member spouse in circumstances referred to in paragraph
Type of information.
S 140Q(1A) inserted by No 114 of 2001.
The information specified in the regulations must concern the ETP, pension or annuity.
Form and lodgment of notice.
The notice must:
be in the form approved in writing by the Commissioner; and
be given to the Commissioner before:
the end of the 14th day of the month after the month in which the entitlement to the ETP arose; or
Information may be given in writing or on a data processing device.
the end of such further period as the Commissioner allows.
An approval of a form may require or permit a notice to be given:
in writing; or
in accordance with specified software requirements, on a specified kind of data processing device.
S 140Q inserted by No 208 of 1992.