Taxation Laws Amendment Act (No. 5) 2002 (119 of 2002)
Schedule 4 Recovery of Pay as you go (PAYG) withholding amounts
Part 1 Main amendments
Income Tax Assessment Act 1936
8 Subsection 222AGF(4)
Repeal the subsection, substitute:
(4) The declaration must:
(a) specify:
(i) the total of the amounts of the deductions that the person made for the purposes of Division 1AA, 2, 3A, 3B or 4 during the period concerned; or
(ii) the total of the amounts withheld under Division 12 in Schedule 1 to the Taxation Administration Act 1953 during the period concerned; or
(iii) the total of the amounts of the payments received during the period concerned that gave rise to a liability under Division 13 in that Schedule and the total of the amounts of those liabilities; or
(iv) the total of the values of the non-cash benefits, or the amounts of the dividends, interest or royalties, provided during the period concerned that gave rise to a liability under Division 14 in that Schedule and the total of the amounts of those liabilities;
as the case requires; or
(b) state to the effect that during the period concerned, the person did not:
(i) make any deductions for the purposes of Division 1AA, 2, 3A, 3B or 4; or
(ii) withhold any amounts under Division 12 in Schedule 1 to the Taxation Administration Act 1953; or
(iii) receive any payments that gave rise to a liability under Division 13 in that Schedule; or
(iv) provide any non-cash benefits that gave rise to a liability under Division 14 in that Schedule;
as the case requires.