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A NEW TAX SYSTEM (FAMILY ASSISTANCE) (ADMINISTRATION) ACT 1999 - SECT 7A Bank account details or statement to be provided for claims for family tax benefit by instalment to be effective

A NEW TAX SYSTEM (FAMILY ASSISTANCE) (ADMINISTRATION) ACT 1999 - SECT 7A

Bank account details or statement to be provided for claims for family tax benefit by instalment to be effective

  (1)   This section sets out the bank account requirement that must be satisfied in relation to a claim for the purposes of paragraph   7(2)(aa) (which states what is required for certain claims to be effective).

Requirement concerning bank account details

  (2)   The requirement is that the claimant provide:

  (a)   details of a bank account maintained by the person alone or jointly or in common with someone else into which instalments of family tax benefit are to be paid; or

  (b)   a statement that the claimant will nominate, and provide details of, such a bank account within 28 days after the claim is made.

How details or statement to be given

  (3)   The bank account details or statement must be provided in the claim.

Exemption from bank account requirement

  (4)   The Secretary may determine that the requirement in subsection   (2) does not apply to a claimant if the Secretary considers that it is appropriate to exempt the claimant from the requirement.

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