Taxation Administration Act 1953

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

Note: See section 3AA .

Chapter 5 - Administration  

PART 5-25 - RECORD-KEEPING AND OTHER OBLIGATIONS RELATING TO TAXPAYERS  

Division 392 - Employee share scheme reporting  

Subdivision 392-A - 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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