Income Tax Assessment Act 1936
Pt VA inserted by No 97 of 1988.
(a) that the tax file number quoted to an investment body in relation to an investment:
(i) has been cancelled or withdrawn since it was quoted; or
(ii) is otherwise wrong; and
(b) that the investor has a tax file number;
the Commissioner may give to the investment body concerned notice of the incorrect statement and the investor's tax file number.202DF(2) [Tax file number deemed quoted]
If a notice is given under subsection (1), the investor shall be regarded, for the purposes of this Part, as having always stated the investor's tax file number in connection with the investment.202DF(3) [Information by Commissioner]
(a) the Commissioner is satisfied that the tax file number quoted to an investment body in relation to an investment:
(i) has been cancelled since it was quoted; or
(ii) is for any other reason not the investor's tax file number; and
(b) the Commissioner is not satisfied that the investor has a tax file number;
the Commissioner may, by written notice given to the investment body concerned, inform the investment body accordingly.202DF(4) [Effective date of subsec (3) notice]
A notice under subsection (3) takes effect on the day specified in the notice, being a day not earlier than the day on which a copy of the notice is given to the investor under subsection (5).202DF(5) [Copy of subsec (3) notice]
The Commissioner shall give a copy of any notice under subsection (3) to the investor concerned, together with a written statement of the reasons for the decision to give the notice.202DF(6) [Tax file number deemed not quoted]
On and from the day on which a notice under subsection (3) takes effect, the investor concerned shall be taken not to have quoted the investor's tax file number in connection with the investment.202DF(7)
(Omitted by No 48 of 1991)
S 202DF inserted by No 97 of 1988.
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.