INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
PART VI
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COLLECTION AND RECOVERY OF TAX
Division 4
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Collection of withholding tax
SECTION 221YM
221YM
EXEMPTIONS AND VARIATIONS
The Commissioner may, for the purpose of meeting the special circumstances of a case or of the cases included in a class of cases, by notice in writing to a person:
(a) exempt that person from an obligation imposed on him by section 221YL ; or
(b) vary the amount to be deducted under that section by that person from a dividend or from the dividends included in a class of dividends, from interest or from interest included in a class of interest, or from royalties or from royalties included in a class of royalties.
View history note
Hide history noteThe Commissioner may, for the purpose of meeting the special circumstances of a case or of the cases included in a class of cases, by notice in writing to a person:
(a) exempt that person from an obligation imposed on him by section 221YL ; or
(b) vary the amount to be deducted under that section by that person from a dividend or from the dividends included in a class of dividends, from interest or from interest included in a class of interest, or from royalties or from royalties included in a class of royalties.
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