Superannuation Industry (Supervision) Act 1993

PART 25A - TAX FILE NUMBERS  

Division 3 - Method of quotation of tax file numbers, including deemed quotation  

SECTION 299T  

299T   BENEFICIARY TAKEN TO HAVE QUOTED IF HE OR SHE QUOTED FOR OTHER PURPOSES  
If a beneficiary, or an applicant to become a beneficiary, of an eligible superannuation entity or of a regulated exempt public sector superannuation scheme has quoted his or her tax file number to a trustee of the entity or scheme under:

(a) subsection 225(4) or 245(2) of this Act, as in force immediately before its amendment by the Taxation Laws Amendment Act (No. 2) 1996 ; or

(b) a provision of the Income Tax Assessment Act 1936 ; or

(c) a provision of the repealed Part IIIA of the Occupational Superannuation Standards Act 1987 (including a provision as it continues to apply because of the Taxation Laws Amendment (Superannuation) Act 1992 );

then, for the purposes of this Act, as in force after the commencement of this section, the beneficiary is:

(d) taken to have quoted the tax file number to the trustee in connection with the operation or the possible future operation of this Act and the other Superannuation Acts; and

(e) taken to have quoted that tax file number to the trustee at the later of the time at which the quotation took place and the commencement of this section.