Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 4 - Generic assessment, collection and recovery rules  

PART 4-15 - COLLECTION AND RECOVERY OF TAX-RELATED LIABILITIES AND OTHER AMOUNTS  

Division 255 - General rules about collection and recovery  

Subdivision 255-D - Security deposits  

SECTION 255-105   NOTICE OF REQUIREMENT TO GIVE SECURITY  

Commissioner must give notice of requirement to give security

255-105(1)    
If the Commissioner requires you to give security under section 255-100 , he or she must give you written notice of the requirement.

Content of notice

255-105(2)    
The notice must:

(a) state that you are required to give the security to the Commissioner; and

(b) explain why the Commissioner requires the security; and

(c) set out the amount of the security; and

(d) describe the means by which you are required to give the security under subsection 255-100(2) ; and

(e) specify the time by which you are required to give the security; and

(f) explain how you may have the Commissioner ' s decision to require you to give the security reviewed.

255-105(3)    
To avoid doubt, a single notice may relate to security for the payment of 2 or more existing or future *tax-related liabilities, but must comply with subsection (2) in relation to each of them.

When notice is given

255-105(4)    
Despite section 29 of the Acts Interpretation Act 1901 , a notice under subsection (1) is taken to be given at the time the Commissioner leaves or posts it.

Note:

Section 28A of the Acts Interpretation Act 1901 may be relevant to giving a notice under subsection (1).

Miscellaneous

255-105(5)    
A failure to comply with this section does not affect the validity of the requirement to give the security under section 255-100 .