Tax Laws Amendment (Improvements to Self Assessment) Act (No. 2) 2005 (161 of 2005)
Schedule 2 ATO advice
Part 2 Consequential amendments
Taxation Administration Act 1953
24 After section 14ZYA
14ZYB Requiring Commissioner to make a private ruling
(1) This section applies if the taxation objection is an objection under subsection 359-50(3) in Schedule 1 against the Commissioner's failure to make a private ruling and the Commissioner has not made an objection decision by the end of 60 days after the later of these days:
(a) the day on which the taxation objection was lodged with the Commissioner;
(b) if the Commissioner decides under section 14ZX to agree to a request in relation to the taxation objection - the day on which the decision was made.
(2) The Commissioner is taken, at the end of that 60 day period, to have disallowed the objection.