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.