TAXATION ADMINISTRATION ACT 1996 - SECT 39 Conditions of approval

TAXATION ADMINISTRATION ACT 1996 - SECT 39

39 Conditions of approval

(1) An approval under this Division is subject to conditions specified by the Chief Commissioner in the notice of approval or by subsequent written notice.

(2) The conditions of an approval may include--

(a) conditions limiting the approval to tax liabilities of a specified class, and

(b) conditions limiting the approval to transactions effected by instruments of a specified class, and

(c) conditions requiring the lodging of returns at specified times and conditions as to the contents of the returns, and

(d) conditions requiring payments of tax at specified times, and

(e) conditions as to the means by which returns are to be lodged or payments of tax are to be made, and

(f) if the approval provides an exemption from a requirement for the stamping of instruments, conditions as to the endorsement of the instruments, and

(g) conditions requiring the keeping of specified records.