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 359 - Private rulings  

Private rulings  

SECTION 359-50   DELAYS IN MAKING PRIVATE RULINGS  

359-50(1)  
The applicant for a *private ruling may give the Commissioner a written notice requiring him or her to make the ruling if, at the end of 60 days after the application was made, the Commissioner has neither:


(a) made the ruling; nor


(b) told the applicant that the Commissioner has declined to make the ruling.

359-50(2)  
The 60 day period mentioned in subsection (1) is extended in a circumstance applicable under the table by the extension period applicable to that circumstance. If 2 or more circumstances are applicable, ignore any overlap between the periods of extension.


Extending the 60 day period
Item If the Commissioner, during the 60 day period: The 60 day period is extended by the number of days in this period:
1 requests further information under section 357-105 the period starting on the day the information was requested and ending on the day it is received by the Commissioner
2 tells the applicant about assumptions the Commissioner proposes to make under section 357-110 the period starting on the day the Commissioner tells the applicant and ending on the day on which the Commissioner receives the applicant ' s response about the assumptions
3 tells the applicant about information provided by a third party that the Commissioner proposes to take into account under section 357-120 the period starting on the day the Commissioner tells the applicant and ending on the day on which the Commissioner receives the applicant ' s response about the information
4 refers a valuation to a valuer under section 359-40 the period starting on the day the Commissioner tells the applicant about the referral and ending on the day on which the Commissioner tells the applicant that the valuer has completed its work in relation to the valuation

359-50(3)  
The applicant may object, in the manner set out in Part IVC , against the Commissioner ' s failure to make the ruling if the Commissioner:


(a) does not make the ruling within 30 days of the notice under subsection (1) being given; and


(b) has not otherwise declined to make the ruling by the end of that period.

359-50(4)  
The applicant must lodge with the objection a draft *private ruling.


 

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