Family Assistance Amendment (Further 2008 Budget Measures) Act 2009 (49 of 2009)

Schedule 3   Information sharing

A New Tax System (Family Assistance) (Administration) Act 1999

4   Transitional - providing TFN record again if income details yet to be provided for past income years

(1) This item applies if, before the commencement of this Schedule:

(a) the Commissioner of Taxation destroyed the Commissioner's record of an individual's tax file number provided under section 154A of the A New Tax System (Family Assistance) (Administration) Act 1999 for an income year; and

(b) the Commissioner did not provide the Secretary with particulars of the individual's taxable income for that income year.

Secretary may provide the TFN record again

(2) The Secretary may provide the individual's tax file number to the Commissioner under subsection 154A(2) of the A New Tax System (Family Assistance) (Administration) Act 1999 (as amended by this Schedule) for that income year.

Modification to normal rules if TFN record provided again

(3) Section 154A of the A New Tax System (Family Assistance) (Administration) Act 1999 (as amended by this Schedule) applies in relation to a tax file number so provided as if subsections 154A(6) and (7) of that Act were replaced with the following:

"(6) The Commissioner must destroy the designated TFN record if and when the Commissioner later:

(a) discloses particulars of the individual's adjusted taxable income for that income year under subsection (5); or

(b) receives a notice under subsection (3) that the Secretary understands that the individual is not required to lodge an income tax return for that income year.".