New South Wales Consolidated Regulations

LOCAL GOVERNMENT (GENERAL) REGULATION 2005 - REG 189

189 Sources of income

(1) A person making a return must disclose:

(a) in the case of a return under section 449 (1) of the Act-each source of income that the person reasonably expects to receive in the period commencing on the first day after the return date and ending on the following 30 June, and

(b) in the case of a return under section 449 (3) of the Act-each source of income received by the person since the last return under Part 2 of Chapter 14 of the Act was made.

(2) A reference in subclause (1) to each source of income received, or reasonably expected to be received, by a person is a reference to:

(a) in relation to income from an occupation of the person:

(i) a description of the occupation, and

(ii) if the person is employed or the holder of an office, the name and address of his or her employer or a description of the office, and

(iii) if the person has entered into a partnership with other persons, the name (if any) under which the partnership is conducted, or

(b) in relation to income from a trust, the name and address of the settlor and the trustee, or

(c) in relation to any other income, a description sufficient to identify the person from whom, or the circumstances in which, the income was, or is reasonably expected to be, received.

(3) The source of any income need not be disclosed by a person in a return if the amount of the income received, or reasonably expected to be received, by the person from that source did not exceed $500, or is not reasonably expected to exceed $500, as the case may be.