INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART VI - COLLECTION AND RECOVERY OF TAX  

Division 3A - Collection of tax in respect of certain payments for work  

Subdivision B - Operative provisions  

SECTION 221YHC   SENDING OF PAYEE DECLARATION FORM TO TAX OFFICE  

221YHC(1)   Obligations for eligible paying authorities.  

If a payee gives a payee declaration form to an eligible paying authority, the eligible paying authority must:

(a) sign the form; and

(b) after doing the things required by paragraphs (c) and (d), send the form to the office of a Deputy Commissioner within the forwarding period (see subsection (2)); and

(c) if the payee declaration form does not state a tax file number but the payee informs the eligible paying authority of the number before the eligible paying authority sends the form - write the number on the form; and

(d) make a copy of the form; and

(e) retain the copy until the end of the financial year after that in which the payee declaration ceases to be in force.

Penalty: $1,000.

221YHC(2)   Meaning of ``forwarding period''.  

The forwarding period is a period of 28 days (or longer, if extended under subsection (3)) beginning on:

(a) if the form states the payee's tax file number - the day on which the payee gives the form to the eligible paying authority; or

(b) if not - the earlier of the day on which the payee informs the eligible paying authority of the tax file number or the first day after the payee declaration ceases to be in force under subsection 221YHB(6) .

221YHC(3)   Extension of forwarding period.  

The Commissioner may, by notice in writing to the eligible paying authority, extend the forwarding period.