Commonwealth Consolidated Acts Commonwealth Consolidated ActsThe Governor-General may make regulations, not inconsistent with this Act, prescribing all matters which by this Act are required or permitted to be prescribed, or which are necessary or convenient to be prescribed for giving effect to this Act, and, in particular, prescribing penalties not exceeding a fine of 5 penalty units for offences against the regulations.
Taxation Administration Act 1953
Act No. 1 of 1953 as amended
This
compilation was prepared on 1 January 2012
taking into account amendments up
to Act No. 147 of 2011
Volume 2 includes
First and Second Schedules
Schedule 1
Note 1
Table of
Acts
Act Notes
Table of
Amendments
Notes 2-8
Tables A
and B
The text of any of those amendments not in force
on that date is
appended in the Notes section
The operation of amendments that have been
incorporated may be
affected by application provisions that are set out in
the Notes section
Contents
First Schedule--Amendments of Acts 1
Second Schedule--Citation of Acts amended 2
Schedule 1--Collection and recovery of income tax and other liabilities 3
Chapter 2--Collection, recovery and administration of income tax 3
Part 2-1--Introduction to the Pay as you go (PAYG) system 3
Division 6--Guide to Parts 2-5 and 2-10 3
6-1......... What Parts 2-5 and 2-10 are about ...................................................... 3
6-5......... The Pay as you go (PAYG) system .................................................... 3
6-10....... How the amounts collected are dealt with ........................................... 4
Part 2-5--Pay as you go (PAYG) withholding 5
Division 10--Guide to Part 2-5 5
10-1....... What this Part is about ........................................................................ 5
10-5....... Summary of withholding payments .................................................... 5
Division 11--Preliminary matters 8
11-1....... Object of this Part ............................................................................... 8
11-5....... Constructive payment .......................................................................... 8
Division 12--Payments from which amounts must be withheld 9
Subdivision 12-A--General rules 9
12-1....... General exceptions .............................................................................. 9
12-5....... What to do if more than one provision requires a withholding .......... 10
12-7....... Division does not apply to alienated personal services payments ...... 12
12-10..... Division does not apply to non-cash benefits .................................... 13
12-20..... Application of Division and regulations to non-share dividends ....... 13
Subdivision 12-B--Payments for work and services 13
12-35..... Payment to employee ........................................................................ 13
12-40..... Payment to company director ............................................................ 14
12-45..... Payment to office holder ................................................................... 14
12-47..... Payment to religious practitioners ..................................................... 14
12-50..... Return to work payment .................................................................... 15
12-55..... Voluntary agreement to withhold ...................................................... 15
12-60..... Payment under labour hire arrangement, or specified by regulations 16
Subdivision 12-C--Payments for retirement or because of termination of employment 17
12-80..... Superannuation income streams and annuities .................................. 17
12-85..... Superannuation lump sums and payments for termination of employment 17
12-90..... Unused leave payments ..................................................................... 17
Subdivision 12-D--Benefit and compensation payments 17
12-110... Social Security or other benefit payment ........................................... 18
12-115... Commonwealth education or training payment ................................. 18
12-120... Compensation, sickness or accident payment .................................... 18
Subdivision 12-E--Payments where TFN or ABN not quoted 19
Payment in respect of investment 19
12-140... Recipient does not quote tax file number ........................................... 19
12-145... Investor becoming presently entitled to income of a unit trust ........... 20
12-150... Limited application of section 12-140 to payment under financial arrangement 21
12-155... When investor may quote ABN as alternative ................................... 22
12-160... Investment body unaware that exemption from quoting TFN has stopped applying 22
12-165... Exception for fully franked dividend ................................................. 22
12-170... Exception for payments below thresholds set by regulations ............ 23
Payment of income of closely held trust where TFN not quoted 23
12-175... Trustee distributes income of closely held trust ................................. 23
12-180... Beneficiary becomes presently entitled to income of closely held trust 25
12-185... Exception for payments below thresholds set by regulations ............ 26
12-190... Recipient does not quote ABN .......................................................... 26
Subdivision 12-F--Dividend, interest and royalty payments 29
12-210... Dividend payment to overseas person ............................................... 30
12-215... Dividend payment received for foreign resident ................................ 30
12-220... Application to part of a dividend ....................................................... 31
12-225... Application to distribution by a liquidator or other person ................ 31
12-245... Interest payment to overseas person .................................................. 31
12-250... Interest payment received for foreign resident ................................... 32
12-255... Interest payment derived by lender in carrying on business through overseas permanent establishment 32
12-260... Lender to notify borrower if interest derived through overseas permanent establishment 33
12-280... Royalty payment to overseas person ................................................. 33
12-285... Royalty payment received for foreign resident .................................. 34
12-300... Limits on amount withheld under this Subdivision ........................... 34
Subdivision 12-FA--Departing Australia superannuation payments 35
12-305... Departing Australia superannuation payment .................................... 35
12-310... Limits on amount withheld under this Subdivision ........................... 35
Subdivision 12-FAA--Excess untaxed roll-over amount
[ see Note 2]
36
12-312... Untaxed roll-over superannuation benefits ........................................ 36
12-313... Limits on amount withheld under this Subdivision ........................... 36
Subdivision 12-FB--Payments to foreign residents etc. 36
12-315... Payment to foreign resident etc. ........................................................ 36
12-317... Payment received for foreign resident etc. ......................................... 38
12-319... Exemptions from withholding obligations under this Subdivision .... 39
Subdivision 12-G--Payments in respect of mining on Aboriginal land, and natural resources 40
12-320... Mining payment ................................................................................ 40
12-325... Natural resource payment .................................................................. 41
12-330... Payer must ask Commissioner how much to withhold ..................... 41
12-335... Commissioner may exempt from section 12-330, subject to conditions 42
Subdivision 12-H--Distributions of managed investment trust income 43
12-375... What this Subdivision is about .......................................................... 43
12-385... Withholding by managed investment trusts ....................................... 44
12-390... Withholding by custodians and other entities .................................... 45
12-395... Requirement to give notice or make information available ................ 48
12-400... Meaning of managed investment trust .............................................. 50
12-401... Trusts with wholesale membership ................................................... 52
12-402... Widely-held requirements--ordinary case ........................................ 53
12-402A Widely-held requirements for registered MIT--special case for entities covered by subsection 12-402(3) 56
12-402B Closely-held restrictions .................................................................... 57
12-403... Licensing requirements for unregistered MIS ................................... 57
12-404... MIT participation interest .................................................................. 58
12-405... Meaning of fund payment ................................................................. 59
12-410... Entity to whom payment is made ...................................................... 61
12-415... Failure to give notice or make information available: administrative penalty 61
12-420... Agency rules ..................................................................................... 62
Division 13--Alienated personal services payments 63
13-1....... Object of this Division ...................................................................... 63
13-5....... Payment to the Commissioner in respect of alienated personal services payments 63
13-10..... Alienated personal services payments ............................................... 66
13-15..... Personal services payment remitters .................................................. 66
13-20..... Time for payments to Commissioner for alienated personal services payments made during 2000-01 67
Division 14--Non-cash benefits, and accruing gains, for which amounts must be paid to the Commissioner 69
Subdivision 14-A--Non-cash benefits 69
14-1....... Object of this Subdivision ................................................................. 69
14-5....... Provider of non-cash benefit must pay amount to the Commissioner if payment would be subject to withholding 69
14-10..... Dividend, interest or royalty received, for a foreign resident, in the form of a non-cash benefit 70
14-15..... Payer can recover amount paid to the Commissioner ........................ 71
Subdivision 14-B--Accruing gains 71
14-50..... Object of this Subdivision ................................................................. 71
14-55..... Liability for TFN withholding tax ..................................................... 71
14-60..... Investment body may recover TFN withholding tax from investor ... 73
14-65..... Application of rules in Division 18 ................................................... 73
14-75..... Overpayment of TFN withholding tax .............................................. 74
14-85..... Other laws do not exempt from TFN withholding tax ...................... 74
Subdivision 14-C--Shares and rights under employee share schemes 74
14-155... Liability for TFN withholding tax (ESS) .......................................... 75
14-160... Employer may give individual tax file numbers to provider .............. 76
14-165... Provider may recover TFN withholding tax (ESS) from individual .. 76
14-170... Application of rules in Division 18 ................................................... 76
14-175... Overpayment of TFN withholding tax (ESS) ................................... 77
14-180... Application of certain provisions of Division 83A of the Income Tax Assessment Act 1997 77
Division 15--Working out the amount to withhold 78
15-1....... What this Division is about ............................................................... 78
Subdivision 15-A--Working out how much to withhold 78
15-10..... How much to withhold ..................................................................... 79
15-15..... Variation of amounts required to be withheld ................................... 79
Subdivision 15-B--Withholding schedules and regulations 80
15-25..... Commissioner's power to make withholding schedules ................... 80
15-30..... Matters to be considered when making withholding schedules ......... 81
15-35..... Regulations about withholding .......................................................... 82
Subdivision 15-C--Declarations 82
15-50..... Declarations ...................................................................................... 82
Division 16--Payer's obligations and rights 84
16-1....... What this Division is about ............................................................... 84
Subdivision 16-A--To withhold 84
16-5....... When to withhold an amount ............................................................ 85
16-20..... Payer discharged from liability to recipient for amount withheld ...... 85
Penalties for not withholding 86
16-25..... Failure to withhold: offence .............................................................. 86
16-30..... Failure to withhold: administrative penalty for entity other than exempt Australian government agency 86
16-35..... Failure to withhold: administrative penalty for exempt Australian government agency in relation to payment other than dividend, interest or royalty ............................................................... 87
16-40..... Failure to withhold: administrative penalty for exempt Australian government agency in relation to dividend, interest or royalty payment ................................................................................. 87
16-43..... Failure to withhold: administrative penalty for exempt Australian government agency in relation to payment to foreign resident etc. ....................................................................................... 88
Subdivision 16-B--To pay withheld amounts to the Commissioner 88
When and how to pay amounts to the Commissioner 89
16-70..... Entity to pay amounts to Commissioner ............................................ 89
16-75..... When amounts must be paid to Commissioner ................................. 89
16-80..... Penalty for failure to pay within time ................................................ 91
16-85..... How amounts are to be paid .............................................................. 92
Who is a large, medium or small withholder 92
16-95..... Meaning of large withholder ............................................................ 92
16-100... Meaning of medium withholder ........................................................ 93
16-105... Meaning of small withholder ............................................................ 94
16-110... Commissioner may vary withholder's status downwards ................. 94
16-115... Commissioner may vary withholder's status upwards ...................... 94
Subdivision 16-BA--To be registered 95
Registration of withholders 96
16-140... Withholders must be registered ......................................................... 96
16-141... Registration and cancellation ............................................................. 96
16-142... Branches may be registered ............................................................... 97
16-143... Separate amounts for entities and branches ....................................... 97
16-144... Cancellation of branch registration .................................................... 98
16-145... Effect on branches of cancelling the entity's registration ................... 98
Subdivision 16-C--To provide information 98
To the Commissioner 99
16-150... Commissioner must be notified of amounts ...................................... 99
16-152... Annual reports--Withholding payments covered by section 12-175 99
16-153... Annual reports--other payments .................................................... 100
To recipients of withholding payments 103
16-155... Annual payment summary .............................................................. 103
16-156... Annual payment summary for sections 12-175 and 12-180 ............ 105
16-157... Payment summary for Subdivision 12-H ........................................ 105
16-160... Part-year payment summary ............................................................ 106
16-165... Payment summaries for superannuation lump sums and payments for termination of employment 107
16-166... Payment summary for a departing Australia superannuation payment 107
16-167... Payment summary for payment to recipient who does not quote ABN 107
16-170... Form and content of payment summary .......................................... 108
16-175... Penalty for not providing payment summary .................................. 109
16-180... Commissioner may exempt entity from giving payment summary .. 110
16-182... Definition of reportable employer superannuation contribution .... 110
Subdivision 16-D--Additional rights and obligations of entity that makes a payment 111
16-195... Payer's right to recover amounts of penalty: certain withholding taxes 111
Division 18--Recipient's entitlements and obligations 113
Subdivision 18-A--Crediting withheld amounts against liability for income tax, withholding tax or mining withholding tax 113
18-1....... What this Subdivision is about ........................................................ 113
18-5....... No credit for refunded amount ........................................................ 114
Entitlement to credits: income tax liability 115
18-10..... Application of sections 18-15, 18-20 and 18-25 ............................. 115
18-15..... Tax credit for recipient of withholding payments ............................ 115
18-20..... Tax credit where recipient is a partnership ...................................... 115
18-25..... Tax credit where recipient is a trust ................................................. 116
18-27..... Tax credit for alienated personal services payments ........................ 118
Entitlement to credits: dividend, interest or royalty or amount attributable to fund payment 119
18-30..... Credit: dividend, interest or royalty ................................................. 119
18-32..... Credit: amount attributable to fund payment .................................... 119
18-35..... Credit: penalty under section 12-415, 16-30 or 16-40 or related general interest charge 119
18-40..... Credit: liability under Part 4-25 ....................................................... 121
Entitlement to credit: departing Australia superannuation payment 122
18-42..... Credit--departing Australia superannuation payment ..................... 122
Entitlement to credit: mining payment 123
18-45..... Credit--mining payment ................................................................. 123
Entitlement to credit: amount attributable to fund payment 124
Subdivision 18-B--Refund of certain withheld amounts 124
18-65..... Refund of withheld amounts by the payer to the recipient ............... 124
18-70..... Refund of withheld amounts by the Commissioner to the recipient 127
18-80..... Refund by Commissioner of amount withheld from payment in respect of investment 128
Subdivision 18-C--Recipient's obligations 129
18-100... Obligation to keep payment summary ............................................. 129
Division 20--Other matters 130
Subdivision 20-B--Offences 130
20-35..... Offences .......................................................................................... 130
20-40..... Joining of charges ........................................................................... 131
20-45..... Offences that would otherwise be committed by a partnership or unincorporated company 132
Subdivision 20-D--Review of decisions 132
20-80..... Reviewable decisions ...................................................................... 132
Division 21--Entitlements relating to insolvent ADIs and general insurers 134
21-1....... What this Division is about ............................................................. 134
Subdivision 21-A--Treatment of some payments by APRA 134
21-5....... APRA treated like ADI or general insurance company ................... 134
Part 2-10--Pay as you go (PAYG) instalments 136
Division 45--Instalment payments 136
45-1....... What this Division is about ............................................................. 137
Subdivision 45-A--Basic rules 138
45-5....... Object of this Part ........................................................................... 138
45-10..... Application of Part .......................................................................... 139
45-15..... Liability for instalments ................................................................... 139
45-20..... Information to be given to the Commissioner by certain payers ...... 140
45-25..... Penalty for failure to notify Commissioner ..................................... 140
45-30..... Credit for instalments payable ......................................................... 141
Subdivision 45-B--When instalments are due 142
45-50..... Liability to pay instalments .............................................................. 142
45-60..... Meaning of instalment quarter ....................................................... 143
45-61..... When quarterly instalments are due--payers of quarterly instalments 143
45-70..... When annual instalments are due .................................................... 144
45-75..... Instalments recoverable in same way as income tax ........................ 144
45-80..... General interest charge on late payment .......................................... 144
45-90..... Commissioner may withdraw instalment rate .................................. 145
Subdivision 45-C--Working out instalment amounts 145
45-110... How to work out amount of quarterly instalment on instalment income basis 145
45-112... Amount of instalment for quarterly payer who pays on basis of GDP-adjusted notional tax 146
45-115... How to work out amount of annual instalment ............................... 147
45-120... Meaning of instalment income ........................................................ 148
Subdivision 45-D--Quarterly payers 151
45-125... Quarterly payer who pays instalments on the basis of instalment income 151
45-130... Quarterly payer who pays on the basis of GDP-adjusted notional tax 153
45-132... Quarterly payer who pays 4 instalments annually on the basis of GDP-adjusted notional tax 154
45-134... Quarterly payer who pays 2 instalments annually on the basis of GDP-adjusted notional tax 155
Subdivision 45-E--Annual payers 156
When you start and stop being an annual payer 157
45-140... Choosing to pay annual instalments ................................................ 157
45-145... Meaning of instalment group .......................................................... 158
45-150... Entity stops being annual payer if involved with GST registration or instalment group 159
45-155... Entity stops being annual payer if notional tax is $8,000 or more, or entity chooses to pay quarterly 160
45-160... Head company of a consolidated group stops being annual payer .. 160
Subdivision 45-F--Varying the instalment rate for quarterly payers who pay on the basis of instalment income 161
45-200... Application ...................................................................................... 161
45-205... Choosing a varied instalment rate .................................................... 161
45-210... Notifying Commissioner of varied instalment rate .......................... 162
45-215... Credit on using varied rate in certain cases ...................................... 162
Subdivision 45-G--General interest charge payable in certain cases if instalments are too low 163
45-230... Liability to GIC on shortfall in quarterly instalment worked out on the basis of varied rate 164
45-232... Liability to GIC on shortfall in quarterly instalment worked out on the basis of estimated benchmark tax 165
45-233... Reduction in GIC liability under section 45-232 if shortfall is made up in later instalment 174
45-235... Liability to GIC on shortfall in annual instalment ............................ 175
45-240... Commissioner may remit general interest charge ............................ 177
Subdivision 45-H--Partnership income 177
45-260... Instalment income for a period in which you are in a partnership ... 177
Subdivision 45-I--Trust income included in instalment income of beneficiary 178
45-280... Instalment income for a period in which you are a beneficiary of a trust 178
45-285... Instalment income includes distributions by certain resident unit trusts 181
45-286... Instalment income includes distributions by certain managed investment trusts 182
45-287... When trusts are disqualified due to concentrated ownership ........... 183
45-288... Resident investment trusts for beneficiaries who are absolutely entitled .. 184
45-290... Exceptions to exclusion of trust capital gains from beneficiary's instalment income 185
Subdivision 45-J--How Commissioner works out your instalment rate and notional tax 186
45-320... Working out instalment rate ............................................................ 186
45-325... Working out your notional tax ........................................................ 187
45-330... Working out your adjusted taxable income ..................................... 188
45-335... Working out your adjusted withholding income ............................. 191
45-340... Adjusted tax on adjusted taxable income or on adjusted withholding income 191
Subdivision 45-K--How Commissioner works out your benchmark instalment rate and benchmark tax 193
45-355... When Commissioner works out benchmark instalment rate and benchmark tax 193
45-360... How Commissioner works out benchmark instalment rate ............ 194
45-365... Working out your benchmark tax ................................................... 194
45-370... Working out your adjusted assessed taxable income for the variation year 195
45-375... Adjusted assessed tax on adjusted assessed taxable income ............ 196
Subdivision 45-L--How Commissioner works out amount of quarterly instalment on basis of GDP-adjusted notional tax 198
45-400... Working out amount of instalment--payers of 4 quarterly instalments 198
45-402... Working out amount of instalment--payers of 2 quarterly instalments 200
45-405... Working out your GDP-adjusted notional tax ................................ 202
Subdivision 45-M--How amount of quarterly instalment is worked out on basis of your estimate of your benchmark tax 203
45-410... Working out amount of instalment--payers of 4 quarterly instalments 204
45-412... Working out amount of instalment--payers of 2 quarterly instalments 205
45-415... Estimating your benchmark tax ....................................................... 207
45-420... Credit in certain cases where amount of instalment is nil ................ 208
Subdivision 45-N--How this Part applies to the trustee of a trust 208
Trustees to whom this Part applies 209
45-450... Trustees to whom a single instalment rate is given .......................... 209
45-455... Trustees to whom several instalment rates are given ....................... 209
45-460... Rest of Subdivision applies only to multi-rate trustees .................... 211
45-465... Meaning of instalment income ........................................................ 211
45-468... Multi-rate trustee may pay quarterly instalments ............................. 211
How Commissioner works out instalment rate and notional tax for a multi-rate trustee 211
45-470... Working out instalment rate ............................................................ 211
45-473... Commissioner must notify you of notional tax ............................... 212
45-475... Working out your notional tax ........................................................ 212
45-480... Working out your adjusted taxable income ..................................... 213
45-483... Meaning of reduced beneficiary's share and reduced no beneficiary's share 214
45-485... Working out your adjusted withholding income ............................. 214
How Commissioner works out benchmark instalment rate and benchmark tax for a multi-rate trustee 215
45-525... When Commissioner works out benchmark instalment rate and benchmark tax 215
45-530... How Commissioner works out benchmark instalment rate ............ 215
45-535... Working out your benchmark tax ................................................... 216
Subdivision 45-P--Anti-avoidance rules 216
45-595... Object of this Subdivision ............................................................... 217
45-600... General interest charge on tax benefit relating to instalments .......... 217
45-605... When do you get a tax benefit from a scheme? ................................ 219
45-610... What is your tax position for an income year? ................................ 219
45-615... What is your hypothetical tax position for an income year? ............ 222
45-620... Amount on which GIC is payable, and period for which it is payable 222
45-625... Credit if you also got a tax detriment from the scheme .................... 223
45-630... When do you get a tax detriment from a scheme? ........................... 224
45-635... No tax benefit or detriment results from choice for which income tax law expressly provides 225
45-640... Commissioner may remit general interest charge in special cases ... 226
Subdivision 45-Q--General rules for consolidated groups 227
45-700... What this Subdivision is about ........................................................ 227
Application of Subdivision 228
45-705... Application of Subdivision to head company .................................. 228
Usual operation of this Part for consolidated group members 231
45-710... Single entity rule ............................................................................. 231
45-715... When instalments are due--modification of section 45-61 ............. 232
45-720... Head company cannot be an annual payer--modification of section 45-140 232
45-740... Change of head company ................................................................ 232
45-755... Entry rule (for an entity that becomes a subsidiary member of a consolidated group) 235
45-760... Exit rule (for an entity that ceases to be a subsidiary member of a consolidated group) 236
45-775... Commissioner's power to work out different instalment rate or GDP-adjusted notional tax 237
Subdivision 45-R--Special rules for consolidated groups 239
45-850... What this Subdivision is about ........................................................ 239
45-855... Section 701-1 disregarded for certain purposes .............................. 240
45-860... Member having a different instalment period .................................. 240
45-865... Credit rule ....................................................................................... 242
45-870... Head company's liability to GIC on shortfall in quarterly instalment 243
45-875... Other rules about the general interest charge ................................... 245
45-880... Continued application of Subdivision 45-Q to the head company of an acquired group 246
45-885... Early application of Subdivision 45-Q to the head company of a new group 248
Subdivision 45-S--MEC groups 249
45-900... What this Subdivision is about ........................................................ 249
45-905... Objects of Subdivision .................................................................... 250
General modification rules 250
45-910... Extended operation of Part to cover MEC groups ........................... 250
Extended operation of Subdivision 45-Q 251
45-913... Sections 45-705 and 45-740 do not apply to members of MEC groups .. 251
45-915... Application of Subdivision 45-Q to provisional head company ...... 252
45-917... Assumption for applying section 45-710 (single entity rule) .......... 255
45-920... Change of provisional head company ............................................. 255
45-922... Life insurance company .................................................................. 258
Extended operation of Subdivision 45-R 258
45-925... Additional modifications of sections 45-855 and 45-860 ................ 258
45-930... Modifications of sections 45-865 and 45-870 and a related provision 259
45-935... Additional modifications of section 45-885 .................................... 259
Part 2-30--Collecting Medicare levy with income tax 261
Division 90--Medicare levy and Medicare levy surcharge 261
Subdivision 90-A--Treatment like income tax 261
90-1....... Laws apply in relation to Medicare levy and Medicare levy surcharge as they apply in relation to income tax 261
Chapter 3--Collection, recovery and administration of other taxes 262
Division 105--General rules for indirect taxes 262
105-1..... What this Division is about ............................................................. 262
Subdivision 105-A--Assessments 263
105-5..... Commissioner may make assessment of indirect tax ....................... 263
105-10... Request for assessment ................................................................... 264
105-15... Indirect tax liabilities do not depend on assessment ........................ 264
105-20... Commissioner must give notice of the assessment .......................... 265
105-25... Amendment of assessment .............................................................. 265
105-30... Later assessment prevails in case of inconsistency .......................... 265
Subdivision 105-B--Review of indirect tax decisions 265
105-40... Reviewable indirect tax decisions .................................................... 265
Subdivision 105-C--Limits on credits, refunds and recovering amounts 266
105-50... Time limit on recovery by the Commissioner .................................. 266
105-55... Time limit on refunds etc. from the Commissioner ......................... 267
105-65... Restriction on GST refunds ............................................................ 269
Subdivision 105-D--General interest charge and penalties 270
105-80... General interest charge .................................................................... 270
105-85... Amending Acts cannot impose penalties or general interest charge earlier than 28 days after Royal Assent 271
Subdivision 105-E--Evidence 271
105-100. Production of assessment or declaration is conclusive evidence ..... 272
105-105. Certificate of amount payable is prima facie evidence ..................... 272
105-110. Signed copies are evidence .............................................................. 272
Subdivision 105-F--Indirect tax refund schemes 273
105-120. Refund scheme--defence related international obligations .............. 273
105-125. Refund scheme--international obligations ...................................... 274
Subdivision 105-G--Other administrative provisions 274
105-140. Address for service ......................................................................... 275
105-145. Commissioner must give things in writing ...................................... 276
Division 110--Goods and services tax 277
110-1..... What this Division is about ............................................................. 277
Subdivision 110-F--Review of GST decisions 277
110-50... Reviewable GST decisions ............................................................. 277
Division 111--Wine tax and luxury car tax 281
111-1..... What this Division is about ............................................................. 281
Subdivision 111-C--Review of wine tax decisions 281
111-50... Reviewable wine tax decisions ........................................................ 281
Subdivision 111-D--Effect on contracts from amendments to laws 282
111-60... Alteration of contracts if cost of complying with agreement is affected by later alteration to wine tax or luxury car tax laws ................................................................................................. 282
112-1..... What this Division is about ............................................................. 284
Subdivision 112-E--Review of fuel tax decisions 284
112-50... Reviewable fuel tax decisions ......................................................... 284
Chapter 4--Generic collection and recovery rules 286
Part 4-15--Collection and recovery of tax-related liabilities and other amounts 286
Division 250--Introduction 286
Subdivision 250-A--Guide to Part 4-15 286
250-1..... What this Part is about .................................................................... 286
250-5..... Some important concepts about tax-related liabilities ...................... 286
250-10... Summary of tax-related liabilities .................................................... 287
Subdivision 250-B--Object of this Part 293
250-25... Object .............................................................................................. 293
Division 255--General rules about collection and recovery 294
Subdivision 255-A--Tax-related liabilities 294
255-1..... Meaning of tax-related liability ....................................................... 294
255-5..... Recovering a tax-related liability that is due and payable ................. 294
Subdivision 255-B--Commissioner's power to vary payment time 295
255-10... To defer the payment time ............................................................... 295
255-15... To permit payments by instalments ................................................. 296
255-20... To bring forward the payment time in certain cases ........................ 296
Subdivision 255-C--Recovery proceedings 297
Guide to Subdivision 255-C 297
255-35... What this Subdivision is about ........................................................ 297
255-40... Service of documents if person absent from Australia or cannot be found 297
255-45... Evidentiary certificate ...................................................................... 298
255-50... Certain statements or averments ...................................................... 299
255-55... Evidence by affidavit ....................................................................... 300
Subdivision 255-D--Security deposits 300
255-100. Commissioner may require security deposit .................................... 300
255-105. Notice of requirement to give security ............................................. 301
255-110. Offence ........................................................................................... 302
Division 260--Special rules about collection and recovery 303
260-1..... What this Division is about ............................................................. 303
Subdivision 260-A--From third party 303
260-5..... Commissioner may collect amounts from third party ...................... 303
260-10... Notice to Commonwealth, State or Territory ................................... 305
260-15... Indemnity ........................................................................................ 305
260-20... Offence ........................................................................................... 306
Subdivision 260-B--From liquidator 306
260-40... Subdivision does not apply to superannuation guarantee charge ..... 306
260-45... Liquidator's obligation .................................................................... 306
260-50... Offence ........................................................................................... 308
260-55... Joint liability of 2 or more liquidators ............................................. 308
260-60... Liquidator's other obligation or liability .......................................... 308
Subdivision 260-C--From receiver 308
260-75... Receiver's obligation ....................................................................... 308
260-80... Offence ........................................................................................... 310
260-85... Joint liability of 2 or more receivers ................................................ 310
260-90... Receiver's other obligation or liability ............................................. 310
Subdivision 260-D--From agent winding up business for foreign resident principal 310
260-105. Obligation of agent winding up business for foreign resident principal 310
260-110. Offence ........................................................................................... 311
260-115. Joint liability of 2 or more agents .................................................... 312
260-120. Agent's other obligation or liability ................................................. 312
Subdivision 260-E--From deceased person's estate 312
260-140. Administered estate ......................................................................... 312
260-145. Unadministered estate ..................................................................... 313
260-150. Commissioner may authorise amount to be recovered .................... 314
Division 263--Mutual assistance in collection of foreign tax debts 315
Subdivision 263-A--Foreign revenue claims 315
Guide to Subdivision 263-A 315
263-5..... What this Subdivision is about ........................................................ 315
263-10... Meaning of foreign revenue claim ................................................... 316
263-15... Requirements for foreign revenue claims ........................................ 316
263-20... Foreign Revenue Claims Register ................................................... 316
263-25... Registering claims ........................................................................... 317
263-30... When amount is due and payable .................................................... 317
263-35... Amending the Register etc. ............................................................. 318
263-40... Payment to competent authority ...................................................... 319
Division 265--Other matters 320
Subdivision 265-A--Right of person to seek recovery or contribution 320
Guide to Subdivision 265-A 320
265-35... What this Subdivision is about ........................................................ 320
265-40... Right of recovery if another person is liable .................................... 320
265-45... Right of contribution if persons are jointly liable ............................ 321
Subdivision 265-B--Application of laws 321
265-65... Non-application of certain taxation laws ......................................... 321
Division 268--Estimates and recovery of PAYG withholding liabilities 322
268-1..... What this Division is about ............................................................. 322
268-5..... Object of Division ........................................................................... 323
Subdivision 268-B--Making estimates 323
268-10... Commissioner may make estimate .................................................. 323
268-15... Notice of estimate ............................................................................ 324
Subdivision 268-C--Liability to pay estimates 324
268-20... Nature of liability to pay estimate .................................................... 325
268-25... Accuracy of estimate irrelevant to liability to pay ............................ 326
268-30... Estimate provable in bankruptcy or winding up .............................. 326
Subdivision 268-D--Reducing and revoking estimates 327
268-35... How estimate may be reduced or revoked--Commissioner's powers 327
268-40... How estimate may be reduced or revoked--statutory declaration or affidavit 328
268-45... How estimate may be reduced or revoked--rejection of proof of debt 330
268-50... How estimate may be reduced--amount paid or applied ................. 332
268-55... When reduction or revocation takes effect ....................................... 332
268-60... Consequences of reduction or revocation--refund ......................... 333
268-65... Consequences of reduction or revocation--statutory demand changed or set aside 333
268-70... Consequences of reduction or revocation--underlying
liability
............................................................................................
334
Subdivision 268-E--Late payment of estimates 334
268-75... Liability to pay the general interest charge ....................................... 334
268-80... Effect of paying the general interest charge ..................................... 335
Subdivision 268-F--Miscellaneous 336
268-85... Effect of judgment on liability on which it is based ......................... 336
268-90... Requirements for statutory declaration or affidavit .......................... 337
268-95... Liquidators, receivers and trustees in bankruptcy ............................ 339
268-100. Division not to limit or exclude Corporations or Bankruptcy Act ... 340
Division 269--Penalties for directors of non-complying companies 341
269-1..... What this Division is about ............................................................. 341
Subdivision 269-A--Object and scope 341
269-5..... Object of Division ........................................................................... 342
269-10... Scope of Division ........................................................................... 342
Subdivision 269-B--Obligations and penalties 343
269-15... Directors' obligations ...................................................................... 343
269-20... Penalty ............................................................................................ 344
269-25... Notice .............................................................................................. 345
269-30... Remission of penalty before end of notice period ........................... 345
269-35... Defences ......................................................................................... 346
Subdivision 269-C--Discharging liabilities 347
269-40... Effect of director paying penalty or company discharging liability .. 347
269-45... Directors' rights of indemnity and contribution .............................. 348
Subdivision 269-D--Miscellaneous 348
269-50... How notice may be given ................................................................ 348
269-55... Division not to limit or exclude Corporations Act ........................... 348
Part 4-25--Charges and penalties 349
Division 280--Shortfall interest charge 349
280-1..... Guide to Division 280 ..................................................................... 349
Subdivision 280-A--Object of Division 349
280-50... Object of Division ........................................................................... 349
Subdivision 280-B--Shortfall interest charge 350
280-100. Liability to shortfall interest charge--income tax ............................ 350
280-102. Liability to shortfall interest charge--petroleum resource rent tax ... 351
280-102A Liability to shortfall interest charge--excess contributions tax .... 351
280-103. Liability to shortfall interest charge--general .................................. 352
280-105. Amount of shortfall interest charge ................................................. 352
280-110. Notification by Commissioner ........................................................ 353
Subdivision 280-C--Remitting shortfall interest charge 353
280-160. Remitting shortfall interest charge ................................................... 353
280-165. Commissioner must give reasons for not remitting in certain cases 354
280-170. Objecting against remission decision .............................................. 354
Division 284--Administrative penalties for statements, unarguable positions and schemes 355
284-5..... What this Division is about ............................................................. 355
Subdivision 284-A--General provisions 355
284-10... Object of Division ........................................................................... 356
284-15... When a matter is reasonably arguable ............................................ 356
284-20... Which statements this Division applies to ....................................... 356
284-25... Statements by agents ....................................................................... 357
284-30... Application of Division to trusts ..................................................... 357
284-35... Application of Division to partnerships .......................................... 357
Subdivision 284-B--Penalties relating to statements 358
Guide to Subdivision 284-B 358
284-70... What this Subdivision is about ........................................................ 358
284-75... Liability to penalty ........................................................................... 359
284-80... Shortfall amounts ............................................................................ 360
284-85... Amount of penalty .......................................................................... 362
284-90... Base penalty amount ....................................................................... 363
284-95... Joint and several liability of directors of corporate trustee that makes a false or misleading statement 365
Subdivision 284-C--Penalties relating to schemes 366
Guide to Subdivision 284-C 366
284-140. What this Subdivision is about ........................................................ 366
284-145. Liability to penalty ........................................................................... 366
284-150. Scheme benefits and scheme shortfall amounts ............................... 367
284-155. Amount of penalty .......................................................................... 368
284-160. Base penalty amount : schemes ........................................................ 369
Subdivision 284-D--Provisions common to Subdivisions 284-B and 284-C 369
284-220. Increase in base penalty amount ...................................................... 370
284-224. Reduction of base penalty amount if law was applied in an accepted way 371
284-225. Reduction of base penalty amount if you voluntarily tell the Commissioner 371
Division 286--Penalties for failing to lodge documents on time 373
Subdivision 286-A--Guide to Division 286 373
286-1..... What this Division is about ............................................................. 373
Subdivision 286-B--Object of Division 373
286-25... Object of Division ........................................................................... 373
Subdivision 286-C--Penalties for failing to lodge documents on time 374
286-75... Liability to penalty ........................................................................... 374
286-80... Amount of penalty .......................................................................... 376
Division 288--Miscellaneous administrative penalties 378
288-10... Penalty for non-electronic notification ............................................. 378
288-20... Penalty for non-electronic payment ................................................. 379
288-25... Penalty for failure to keep or retain records ..................................... 379
288-30... Penalty for failure to retain or produce declarations ........................ 379
288-35... Penalty for preventing access etc. .................................................... 380
288-40... Penalty for failing to register or cancel registration ......................... 380
288-45... Penalty for failing to issue tax invoice etc. ...................................... 380
288-50... Penalty for both principal and agent issuing certain
documents
.......................................................................................
381
288-70... Administrative penalties for life insurance companies ..................... 381
288-75... Administrative penalty for a copyright or resale royalty collecting society 383
288-80... Administrative penalty for over declaring conduit foreign income .. 383
288-90... Failing to give release authority for excess non-concessional contributions tax 385
288-95... Failing to comply etc. with release authority ................................... 385
288-100. Excess money paid under release authority ..................................... 385
288-105. Superannuation provider to calculate crystallised pre-July 83 amount of superannuation interest by 30 June 2008 386
Division 290--Promotion and implementation of schemes 387
Subdivision 290-A--Objects of this Division 387
290-5..... Objects of this Division .................................................................. 387
Subdivision 290-B--Civil penalties 387
290-50... Civil penalties .................................................................................. 388
290-55... Exceptions ....................................................................................... 390
290-60... Meaning of promoter ...................................................................... 391
290-65... Meaning of tax exploitation scheme ................................................ 392
Subdivision 290-C--Injunctions 393
290-120. Conduct to which this Subdivision applies ..................................... 393
290-125. Injunctions ...................................................................................... 393
290-130. Interim injunctions .......................................................................... 393
290-135. Delay in making ruling .................................................................... 394
290-140. Discharge etc. of injunctions ........................................................... 394
290-145. Certain limits on granting injunctions not to apply .......................... 394
290-150. Other powers of the Federal Court unaffected ................................ 395
Subdivision 290-D--Voluntary undertakings 395
290-200. Voluntary undertakings ................................................................... 395
Division 298--Machinery provisions for penalties 397
Subdivision 298-A--Administrative penalties 397
298-5..... Scope of Subdivision ...................................................................... 397
298-10... Notification of liability .................................................................... 397
298-15... Due date for penalty ........................................................................ 398
298-20... Remission of penalty ....................................................................... 398
298-25... General interest charge on unpaid penalty ....................................... 398
298-30... Assessment of penalties under Division 284 .................................. 399
Subdivision 298-B--Civil penalties 399
298-80... Application of Subdivision ............................................................. 399
298-85... Civil evidence and procedure rules for civil penalty orders ............. 400
298-90... Civil proceedings after criminal proceedings ................................... 400
298-95... Criminal proceedings during civil proceedings ............................... 400
298-100. Criminal proceedings after civil proceedings ................................... 400
298-105. Evidence given in proceedings for penalty not admissible in criminal proceedings 401
298-110. Civil double jeopardy ...................................................................... 401
Part 4-50--Release from particular liabilities 402
Division 340--Commissioner's power in cases of hardship 402
340-1..... What this Division is about ............................................................. 402
340-5..... Release from particular liabilities in cases of serious hardship ........ 402
340-10... Liabilities to which this section applies ........................................... 404
340-15... Commissioner may take action to give effect to a release decision .. 405
340-20... Extinguishing your liability to pay a fringe benefits tax instalment if you are released 406
340-25... Extinguishing your liability to pay a PAYG instalment if you are released 406
Division 342--Commissioner's power relating to proceeds of crime proceedings 407
342-1..... What this Division is about ............................................................. 407
Subdivision 342-A--Power to waive right to payment of tax-related liabilities 407
342-5..... Object of this Subdivision ............................................................... 407
342-10... Power to waive right to payment of tax-related liability .................. 408
Part 5-1--The Australian Taxation Office 409
Division 352--Accountability of the Commissioner 409
352-1..... What this Division is about ............................................................. 409
Subdivision 352-A--Accountability of the Commissioner in respect of indirect tax laws 409
352-5..... Commissioner must prepare annual report on indirect tax
laws
.................................................................................................
409
Division 353--Powers to obtain information and evidence 411
353-10... Commissioner's power ................................................................... 411
353-15... Access to premises for the purposes of the indirect tax laws .......... 412
353-20... Checking status of specifically listed deductible gift recipients ....... 413
Division 355--Confidentiality of taxpayer information 415
355-1..... What this Division is about ............................................................. 415
Subdivision 355-A--Objects and application of Division 415
355-10... Objects of Division ......................................................................... 416
355-15... Application of Division ................................................................... 416
Subdivision 355-B--Disclosure of protected information by taxation officers 417
Guide to Subdivision 355-B 417
355-20... What this Subdivision is about ........................................................ 417
355-25... Offence--disclosure of protected information by taxation officers . 417
355-30... Meaning of protected information and taxation officer ................... 418
355-35... Consent is not a defence .................................................................. 419
355-40... Generality of Subdivision not limited .............................................. 419
355-45... Exception--disclosure of publicly available information ................ 419
355-50... Exception--disclosure in performing duties ................................... 420
355-55... Exception--disclosure to Ministers ................................................ 421
355-60... Limits on disclosure to Ministers .................................................... 423
355-65... Exception--disclosure for other government purposes ................... 423
355-70... Exception--disclosure for law enforcement and related purposes .. 434
355-75... Limits on disclosure to courts and tribunals .................................... 439
Subdivision 355-C--On-disclosure of protected information by other people 440
Guide to Subdivision 355-C 440
355-150. What this Subdivision is about ........................................................ 440
355-155. Offence--on-disclosure of protected information by other people .. 440
355-160. Consent is not a defence .................................................................. 441
355-165. Generality of Subdivision not limited .............................................. 441
355-170. Exception--on-disclosure of publicly available information ........... 441
355-175. Exception--on-disclosure for original purpose ............................... 442
355-180. Exception--on-disclosure to Ministers in relation to statutory powers or functions 443
355-185. Exception--on-disclosure in relation to IGIS ................................. 443
355-190. Exception--on-disclosure in relation to ASIO ................................ 444
355-195. Exception--on-disclosure by Royal Commissions ......................... 445
355-200. Exception--records made in compliance with Australian laws ....... 445
355-205. Limits on on-disclosure to courts or tribunals ................................. 446
355-210. Limits on on-disclosure to Ministers ............................................... 446
Subdivision 355-D--Disclosure of protected information that has been unlawfully acquired 447
Guide to Subdivision 355-D 447
355-260. What this Subdivision is about ........................................................ 447
355-265. Offence--disclosure of protected information acquired in breach of a taxation law 447
355-270. Exception--disclosure of publicly available information ................ 448
355-275. Exception--disclosure in relation to a taxation law ......................... 448
355-280. Limits on disclosure to courts and tribunals .................................... 448
Subdivision 355-E--Other matters 449
Guide to Subdivision 355-E 449
355-320. What this Subdivision is about ........................................................ 449
355-325. Oath or affirmation to protect information ....................................... 449
355-330. Injunctions to prevent contravention of non-disclosure provisions . 450
355-335. Procedures for disclosing protected information ............................. 451
Division 356--General administration of tax laws 453
356-1..... What this Division is about ............................................................. 453
Subdivision 356-A--Indirect tax laws 453
356-5..... Commissioner has general administration of indirect tax laws ........ 453
Division 357--Object and common rules 454
357-1..... What this Division is about ............................................................. 454
Subdivision 357-A--Object of this Part 454
357-5..... Object of this Part ........................................................................... 455
Subdivision 357-B--Common rules for rulings 455
357-50... Scope of Division ........................................................................... 456
357-55... The provisions that are relevant for rulings ..................................... 456
357-60... When rulings are binding on the Commissioner ............................. 457
357-65... Stopping relying on a ruling ............................................................ 459
357-70... Commissioner may apply the law if more favourable than the ruling 460
357-75... Inconsistent rulings ......................................................................... 460
357-80... Contracts for schemes ..................................................................... 462
357-85... Effect on ruling if relevant provision re-enacted .............................. 462
357-90... Validity of ruling not affected by formal defect ............................... 462
Common rules for public and private rulings 463
357-95... Electronic communications .............................................................. 463
357-100. Evidence .......................................................................................... 463
Common rules for private and oral rulings 463
357-105. Further information must be sought ................................................ 463
357-110. Assumptions in making private or oral ruling ................................. 464
357-115. Additional information provided by applicant ................................. 464
357-120. Commissioner may take into account information from third parties 464
357-125. Applications and objections not to affect obligations and powers ... 465
Division 358--Public rulings 466
358-1..... What this Division is about ............................................................. 466
358-5..... What is a public ruling? ................................................................... 466
358-10... Application of public rulings ........................................................... 467
358-15... When a public ruling ceases to apply .............................................. 467
Withdrawing public rulings 467
358-20... Withdrawing public rulings ............................................................. 467
Division 359--Private rulings 469
359-1..... What this Division is about ............................................................. 469
Private rulings 470
359-5..... Private rulings ................................................................................. 470
359-10... Applying for a private ruling ........................................................... 470
359-15... Private rulings to be given to applicants .......................................... 470
359-20... Private rulings must contain certain details ...................................... 470
359-25... Time of application of private rulings .............................................. 471
359-30... Ruling for trustee of a trust ............................................................. 471
359-35... Dealing with applications ................................................................ 471
359-40... Valuations ....................................................................................... 472
359-45... Related rulings ................................................................................ 473
359-50... Delays in making private rulings ..................................................... 473
359-55... Revised private rulings .................................................................... 475
359-60... Objections, reviews and appeals relating to private rulings ............. 475
359-65... Commissioner may consider new information on objection ............ 476
359-70... Successful objection decision alters ruling ...................................... 476
Division 360--Oral rulings 478
360-1..... What this Division is about ............................................................. 478
360-5..... Applying for and making of oral rulings ......................................... 478
360-10... Withdrawing an application for an oral ruling ................................. 480
360-15... Commissioner determinations ......................................................... 480
Division 361--Non-ruling advice and general administrative practice 481
361-5..... Non-ruling advice and general administrative practice .................... 481
Part 5-25--Record-keeping and other obligations of taxpayers 482
Division 382--Record-keeping 482
382-1..... What this Division is about ............................................................. 482
Subdivision 382-A--Keeping records of indirect tax transactions 482
382-5..... Keeping records of indirect tax transactions .................................... 482
Subdivision 382-B--Record keeping obligations of deductible gift recipients 486
382-15... Deductible gift recipients to keep records ........................................ 486
Division 388--Requirements about giving material to the Commissioner 488
Subdivision 388-A--Object of Division 488
388-5..... Object of Division ........................................................................... 488
Subdivision 388-B--General provisions 488
388-50... Approved forms .............................................................................. 488
388-52... Saturdays, Sundays and public holidays ......................................... 489
388-55... Commissioner may defer time for lodgment ................................... 489
388-60... Declaration by entity ....................................................................... 490
388-65... Declaration by entity where agent gives document .......................... 490
388-70... Declaration by agent ........................................................................ 490
388-75... Signing declarations ........................................................................ 491
388-80... Electronic notification of BAS amounts .......................................... 492
388-85... Truncating amounts ......................................................................... 492
Division 390--Superannuation reporting 493
390-1..... What this Division is about ............................................................. 493
Subdivision 390-A--Contributions statements and roll-over superannuation benefit statements etc. 493
390-5..... Contributions statements ................................................................. 493
390-10... Statements about roll-over superannuation benefits etc. .................. 496
390-15... Superannuation statements to members ........................................... 498
Subdivision 390-B--Statements relating to release authorities 498
390-65... Statements relating to release authorities ......................................... 498
Subdivision 390-C--Other statements 499
390-115. Change or omission in information given to the Commissioner ...... 499
Division 391--First home saver account reporting 501
391-1..... What this Division is about ............................................................. 501
Subdivision 391-A--Account activity statements 501
391-5..... FHSA account activity statements ................................................... 501
Subdivision 391-B--Transfer statements 503
391-10... Statements about transfer payments between FHSAs etc. ............... 503
Division 392--Employee share scheme reporting 505
392-1..... What this Division is about ............................................................. 505
Subdivision 392-A--Statements 505
392-5..... Statements by providers .................................................................. 505
392-10... Change or omission in information given to the Commissioner ...... 508
Subdivision 392-B--Miscellaneous 509
392-15... Application of certain provisions of Division 83A of the Income Tax Assessment Act 1997 509
Division 394--Reporting about forestry managed investment schemes 510
394-1..... What this Division is about ............................................................. 510
394-5..... Statements about initial contributions to scheme ............................. 510
394-10... Statements about failure to establish trees within 18 months ........... 511
Division 398--Miscellaneous reporting obligations 513
398-1..... What this Division is about ............................................................. 513
Subdivision 398-A--Farm Management Deposit reporting 513
398-5..... Reporting to Agriculture Department .............................................. 513
Part 5-30--Payment, ABN and identification verification system 515
Division 400--Guide to Part 5-30 515
400-1..... What Part 5-30 is about ................................................................... 515
400-5..... The payment, ABN and identification verification system .............. 515
Division 405--Transaction reporting by purchasers 516
405-5..... Payments to which this Division applies ......................................... 516
405-10... Reporting requirements ................................................................... 516
405-15... Invoices produced by purchasers .................................................... 517
Division 410--Transaction reporting by suppliers 518
410-5..... Payments to which this Division applies ......................................... 518
410-10... Reporting requirements ................................................................... 518
410-15... Invoices produced by purchasers .................................................... 519
Division 415--Verification of suppliers' ABNs by purchasers 520
415-5..... Payments to which this Division applies ......................................... 520
415-10... ABN verification requirements ....................................................... 520
415-15... Method of obtaining ABN verification ........................................... 521
415-20... Verification applies to later payments .............................................. 521
Division 417--Verification of suppliers' identities by purchasers 522
417-5..... Payments to which this Division applies ......................................... 522
417-10... Identity verification requirements .................................................... 522
417-15... Method of obtaining identity verification ........................................ 523
417-20... Verification applies to later payments .............................................. 523
Division 420--Penalties for not reporting or verifying 524
420-5..... Failing to report or verify: administrative penalty ............................ 524
Division 425--Other matters 525
425-20... Constructive payment ...................................................................... 525
425-25... Non-cash benefits ........................................................................... 525
Part 5-35--Registration and similar processes for various taxes 526
Division 426--Process of endorsing charities and other entities 526
426-1..... What this Division is about ............................................................. 526
Subdivision 426-A--Application of Subdivision 426-B to various kinds of endorsement 527
426-5..... Application of Subdivision 426-B to various kinds of endorsement 527
426-10... How Subdivision 426-B applies to government entities in relation to endorsement under section 30-120 of the Income Tax Assessment Act 1997 ................................................................ 528
Subdivision 426-B--Process of endorsement etc. 528
426-15... Applying for endorsement .............................................................. 529
426-20... Dealing with an application for endorsement .................................. 529
426-25... Notifying outcome of application for endorsement ......................... 530
426-30... Date of effect of endorsement ......................................................... 530
426-35... Review of refusal of endorsement ................................................... 531
426-40... Checking entitlement to endorsement .............................................. 531
426-45... Telling Commissioner of loss of entitlement to endorsement .......... 532
426-50... Partnerships and unincorporated bodies .......................................... 532
426-55... Revoking endorsement .................................................................... 533
426-60... Review of revocation of endorsement ............................................. 534
Subdivision 426-C--Entries on Australian Business Register 534
426-65... Entries on Australian Business Register ......................................... 534
Subdivision 426-D--Public and private ancillary funds 536
Guide to Subdivision 426-D 536
426-100. What this Subdivision is about ........................................................ 536
426-102. Public ancillary funds ...................................................................... 537
426-103. Public ancillary fund guidelines ...................................................... 538
426-104. Australian Business Register must show public ancillary fund status 538
426-105. Private ancillary funds ..................................................................... 538
426-110. Private ancillary fund guidelines ..................................................... 539
426-115. Australian Business Register must show private ancillary fund status 539
426-120. Administrative penalties for trustees of ancillary funds ................... 540
Suspension and removal of trustees 541
426-125. Suspension or removal of trustees .................................................. 541
426-130. Commissioner to appoint acting trustee in cases of suspension or removal 543
426-135. Terms and conditions of appointment of acting trustee ................... 544
426-140. Termination of appointment of acting trustee .................................. 544
426-145. Resignation of acting trustee ........................................................... 544
426-150. Property vesting orders ................................................................... 544
426-155. Powers of acting trustee .................................................................. 545
426-160. Commissioner may give directions to acting trustee ........................ 545
426-165. Property vested in acting trustee--former trustees' obligations relating to books, identification of property and transfer of property ........................................................................................... 546
Transfers between ancillary funds 547
426-170. Ancillary funds must not provide funds to other ancillary funds .... 547
Part 5-45--Application of taxation laws to certain entities 548
Division 444--Obligations of entities on behalf of other entities 548
444-1..... What this Division is about ............................................................. 548
Subdivision 444-A--Unincorporated associations and bodies and companies 548
444-5..... Unincorporated associations and bodies ......................................... 548
444-10... Public officers of companies ........................................................... 549
444-15... Liability of directors and officers of a company .............................. 550
Subdivision 444-B--Partnerships 550
444-30... Partnerships .................................................................................... 550
Subdivision 444-C--Superannuation funds 551
444-50... Superannuation funds ..................................................................... 551
Subdivision 444-D--Incapacitated entities 552
444-70... Representatives of incapacitated entities .......................................... 552
Subdivision 444-E--Indirect tax specific entities 553
444-80... GST joint ventures .......................................................................... 553
444-85... Non-profit sub-entities .................................................................... 555
444-90... GST groups .................................................................................... 556
Division 446--Local governing bodies 560
446-1..... What this Division is about ............................................................. 560
446-5..... Requirements for unanimous resolutions by local governing bodies 560
Division 850--Transactions exempt from application of taxation laws 564
Subdivision 850-A--Declaration relating to security or intelligence agency 564
850-100. Declaration relating to security or intelligence agency ..................... 564