TAXATION ADMINISTRATION ACT 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 5 - Administration  

PART 5-5 - RULINGS  

Division 358 - Public rulings  

Withdrawing public rulings  

SECTION 358-20   WITHDRAWING PUBLIC RULINGS  

358-20(1)  
The Commissioner may withdraw a *public ruling, either wholly or to an extent, by publishing notice of the withdrawal.

358-20(2)  
The withdrawal takes effect from the time specified in the notice. That time must not be before the time the notice is published.

358-20(3)  


To the extent that a *public ruling, other than an *indirect tax or excise ruling, is withdrawn, it continues to apply to *schemes to which it applied that had begun to be carried out before the withdrawal but does not apply to schemes that begin to be carried out after the withdrawal.
Note:

A scheme is taken to have begun to be carried out if a contract requiring the scheme has been entered into: see section 357-80 .

358-20(4)  
The Commissioner must publish notice of the withdrawal of a *public ruling in the Gazette .


 

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