Income Tax Assessment Act 1936
In this Part, unless the contrary intention appears:
, in relation to an application for the issue of a tax file number, means the person specified in the application as the person by whom or on whose behalf the issue of a tax file number is sought;
(a) the Reserve Bank of Australia;
(b) a body corporate that is an ADI (authorised deposit-taking institution) for the purposes of the Banking Act 1959 ; or
(c) a person who carries on State banking within the meaning of paragraph 51(xiii) of the Constitution.
(a) a payment from which an amount must be withheld under Subdivision 12-B (other than section 12-55 ), Subdivision 12-C or Subdivision 12-D in Schedule 1 to the Taxation Administration Act 1953 ; or
(aa) an alienated personal services payment in respect of which Division 13 in Schedule 1 to the Taxation Administration Act 1953 requires an amount to be paid to the Commissioner; or
(b) a non-cash benefit in respect of which an amount is payable to the Commissioner under section 14-5 in Schedule 1 to the Taxation Administration Act 1953 because of the application of that section in relation to Subdivision 12-B , 12-C or 12-D of that Schedule;
and has a meaning affected by section 202AA .
(a) a bank; or
(b) a co-operative housing society.
(c) (Repealed by Act No 44 of 1999)
(a) does any one or more of the following:
(i) accepts deposits of money to the credit of a person;
(ii) allows withdrawals from the money deposited;
(iii) pays cheques or payment orders drawn on the institution by, or collects cheques or payment orders on behalf of, the person; and
(b) pays or credits interest, or amounts in the nature of interest, on the balance standing to the credit of the person from time to time.
means a deposit of money, other than into an RSA, with a financial institution, in consideration of which the financial institution pays or credits interest, or amounts in the nature of interest, to a person.
means a person who is an investment body within the meaning of section 202D .
investment to which this Part applies
means an investment of a kind mentioned in section 202D .
means a person who is an investor within the meaning of section 202D .
(a) a person who makes an eligible PAYG payment (other than an alienated personal services payment), or is likely to make such a payment; or
(b) a person who receives an alienated personal services payment, or is likely to receive such a payment.
(a) a person who receives an eligible PAYG payment (other than an alienated personal services payment), or is likely to receive such a payment; or
(b) a person in relation to whose personal services income (within the meaning of the Income Tax Assessment Act 1997 ) a payer receives an alienated personal services payment, or is likely to receive such a payment.
(a) a number issued to the person under Division 2 ; or
(aa) a number issued to a person under section 44 or 48 of the Higher Education Funding Act 1988 ; or
(b) a number notified, before the commencement of this section, to the person as the person ' s income tax file number.
means a declaration made for the purposes of section 202C .
(a) a cash management trust;
(b) a property trust;
(c) an arrangement declared by the Minister under section 202AB to be a unit trust for the purposes of this definition;
but does not include any arrangement declared by the Minister under section 202AB not to be a unit trust for the purposes of this definition.
unit trust scheme
means an arrangement made for the purpose, or having the effect, of providing, for a person who has funds available for investment, facilities for participation by the person, as a beneficiary under a trust, in any profit or income arising from the acquisition, holding, management or disposal of property under the trust.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.