Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
If the provider becomes aware of a material change or material omission in any information given to the individual or the Commissioner under this Division, the provider must:
(a) tell the individual or the Commissioner, as applicable, of the change in the *approved form; or
(b) give the omitted information to the individual or the Commissioner, as applicable, in the approved form. 392-10(2)
Information required by subsection (1) must be given no later than 30 days after the provider becomes aware of the change or omission.
Note: See section 3AA .
Chapter 5 - Administration
PART 5-25
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RECORD-KEEPING AND OTHER OBLIGATIONS RELATING TO TAXPAYERS
Division 392
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Employee share scheme reporting
Subdivision 392-A
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Statements
SECTION 392-10
CHANGE OR OMISSION IN INFORMATION GIVEN TO THE COMMISSIONER
392-10(1)
If the provider becomes aware of a material change or material omission in any information given to the individual or the Commissioner under this Division, the provider must:
(a) tell the individual or the Commissioner, as applicable, of the change in the *approved form; or
(b) give the omitted information to the individual or the Commissioner, as applicable, in the approved form. 392-10(2)
Information required by subsection (1) must be given no later than 30 days after the provider becomes aware of the change or omission.
Note 1:
Section 388-55 allows the Commissioner to defer the time for giving an approved form.
Note 2:
Section 286-75 provides an administrative penalty for breach of this section.
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