TAXATION ADMINISTRATION ACT 1953
Note: See section 3AA .Chapter 5 - Administration
A *superannuation provider in relation to a *superannuation plan that has given a statement to the Commissioner under section 390-5 may correct the statement:
(a) within the period determined by the Commissioner under subsection (2) of this section; or
(b) if paragraph (a) does not apply but the superannuation provider is covered by a determination under subsection (5) - within the period specified in that determination.
If no period has been determined under subsection (2) or (5) in relation to a superannuation provider, the superannuation provider will not be able to take advantage of the grace period provided for by this section.Determinations for particular superannuation providers 390-7(2)
The Commissioner may determine the period within which the *superannuation provider may correct a statement. 390-7(3)
The Commissioner must give the *superannuation provider written notice of the determination. 390-7(4)
The *superannuation provider may object, in the manner set out in Part IVC , against a decision of the Commissioner determining a period under subsection (2) relating to the superannuation provider. Determinations for classes of superannuation providers 390-7(5)
The Commissioner may, by legislative instrument, determine the period within which *superannuation providers included in a class of superannuation providers specified in the determination may correct a statement.
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