Taxation Administration Act 1953

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

Note: See section 3AA .

Chapter 2 - Collection, recovery and administration of income tax  

PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING  

Division 14 - Benefits, gains and taxable supplies for which amounts must be paid to the Commissioner  

Subdivision 14-C - Shares and rights under employee share schemes  

SECTION 14-160   EMPLOYER MAY GIVE INDIVIDUAL TAX FILE NUMBERS TO PROVIDER  

14-160(1)  
The individual is taken to have authorised a *subsidiary (the employer ) of the provider to inform the provider of the individual ' s *tax file number if:

(a) the individual has made a *TFN declaration in relation to the employer; and

(b) some or all of the *ESS interests mentioned in paragraph 14-155(1)(a) were provided to the individual in relation to the individual ' s employment by the employer.

14-160(2)  
If the employer does so, the individual is taken, for the purposes of this Subdivision and Division 392 (Employee share scheme reporting), to have quoted his or her *tax file number to the provider.