TAXATION ADMINISTRATION ACT 1953
Note: See section 3AA .Chapter 4 - Generic assessment, collection and recovery rules
If the Commissioner requires you to give security under section 255-100 , he or she must give you written notice of the requirement. Content of notice 255-105(2)
The notice must:
(a) state that you are required to give the security to the Commissioner; and
(b) explain why the Commissioner requires the security; and
(c) set out the amount of the security; and
(d) describe the means by which you are required to give the security under subsection 255-100(2) ; and
(e) specify the time by which you are required to give the security; and
(f) explain how you may have the Commissioner ' s decision to require you to give the security reviewed. 255-105(3)
To avoid doubt, a single notice may relate to security for the payment of 2 or more existing or future *tax-related liabilities, but must comply with subsection (2) in relation to each of them. When notice is given 255-105(4)
Despite section 29 of the Acts Interpretation Act 1901 , a notice under subsection (1) is taken to be given at the time the Commissioner leaves or posts it.
Section 28A of the Acts Interpretation Act 1901 may be relevant to giving a notice under subsection (1).Miscellaneous 255-105(5)
A failure to comply with this section does not affect the validity of the requirement to give the security under section 255-100 .
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