Taxation Administration Act 1953
Note: See section 3AA .Chapter 5 - Administration
The Commissioner may make a revised *private ruling that applies to you if:
(a) the Commissioner had previously made a private ruling that applies to you; and
(b) if the ruling is not an *indirect tax or excise ruling - when the Commissioner makes the revised private ruling:
(i) the *scheme to which the earlier ruling relates has not begun to be carried out; and
(ii) if the earlier ruling relates to an income year or other accounting period - that year or period has not begun.
Your private ruling may be affected by a later inconsistent ruling: see section 357-75 .
The Commissioner must give you a copy of the revised *private ruling. The copy may be given electronically. 359-55(3)
The Commissioner may make the revised *private ruling whether or not there is an application for the revised ruling.
When the revised *private ruling is made, the ruling in its initial form stops applying to you. 359-55(5)
(a) the *private ruling is an *indirect tax or excise ruling; and
(b) the revised private ruling specifies the time from which the revision begins to apply (being a time after the time the revision is made);
the ruling in its initial form stops applying to you at the time so specified.
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.