Taxation Administration Act 1953
Note: See section 3AA .Chapter 5 - Administration
An entity must give to the Commissioner a report, for a *financial year, on all *Part VA investments in relation to which it was an *investment body at any time during the year. 393-10(2)
The report must be in the *approved form. 393-10(3)
The report must be given to the Commissioner within the following period after the end of the *financial year:
(a) the period the Commissioner specifies by legislative instrument; or
(b) otherwise - 4 months.
Section 388-55 allows the Commissioner to defer the time for giving an approved form.393-10(4)
The report need not include particulars of an investment for which the return during the *financial year was less than $1. 393-10(5)
Despite subsection (1), the entity need not give to the Commissioner a report, for a *financial year during which the total number of *Part VA investments in relation to which it was an *investment body is less than:
(a) the number the Commissioner specifies by legislative instrument; or
(b) otherwise - 10. 393-10(5A)
Paragraph (5)(b) does not apply to an *investment body that is a *managed investment trust.
Subsection (1) does not apply to an *investment body in relation to a *financial year for which the investment body has complied with an *arrangement in force between the investment body and the Commissioner relating to the reporting on *Part VA investments.
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