Commonwealth Consolidated Regulations

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INCOME TAX (FARM MANAGEMENT DEPOSITS) REGULATIONS 1998 - SCHEDULE 3

Information to be given to the Secretary by FMD provider

(regulation 6)

   

   

Note    This information is additional to the information that an FMD provider must give to the Secretary under paragraphs 398-5 (3) (a), (b) and (c) in Schedule 1 to the 1953 Act.

        1       The month being reported.

        2       In relation to each farm management deposit:

                (a)    the industry code for the depositor, by reference to the Australian and New Zealand Standard Industrial Classification Code; and

               (b)    an account number that:

                          (i)    is modified by the FMD provider to prevent the disclosure of the identity of the depositor, the owner or both; and

                         (ii)    remains the same while the owner holds the farm management deposit; and

                (c)    a personal identification number that:

                          (i)    is modified by the FMD provider to prevent the disclosure of the identity of the depositor, the owner or both; and

                         (ii)    remains the same while the owner holds any farm management deposits; and

               (d)    the closing balance of the farm management deposit at the end of the month to which the report relates; and

                (e)    the State or Territory of the residence of the owner; and

                (f)    the year of birth of the owner of the farm management deposit; and

               (g)    the year of deposit; and

               (h)    the month of deposit.




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