Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
To obtain verification of a supplier ' s identity, a purchaser must carry out the identity verification procedure that is determined, in writing, by the Commissioner. 417-15(2)
The Commissioner may determine different identity verification procedures for:
(a) different purchasers or classes of purchasers; or
(b) different suppliers or classes of suppliers.
Note: See section 3AA .
Chapter 5 - Administration
PART 5-30
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PAYMENT, ABN AND IDENTIFICATION VERIFICATION SYSTEM
Division 417
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Verification of suppliers
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identities by purchasers
SECTION 417-15
METHOD OF OBTAINING IDENTITY VERIFICATION
417-15(1)
To obtain verification of a supplier ' s identity, a purchaser must carry out the identity verification procedure that is determined, in writing, by the Commissioner. 417-15(2)
The Commissioner may determine different identity verification procedures for:
(a) different purchasers or classes of purchasers; or
(b) different suppliers or classes of suppliers.
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