Superannuation Industry (Supervision) Act 1993

PART 25A - TAX FILE NUMBERS  

Division 2 - Quotation, use and transfer of beneficiary's tax file number  

SECTION 299LB   USE OF TAX FILE NUMBER TO VALIDATE INFORMATION  

299LB(1)    
This section applies if a person who is a beneficiary of an eligible superannuation entity, or of a regulated exempt public sector superannuation scheme, or an applicant to become such a beneficiary, quotes his or her tax file number to a trustee of the entity or scheme in connection with the operation, or the possible future operation, of this Act and the other Superannuation Acts.

299LB(2)    
The trustee may use the tax file number in a manner connecting it with the person ' s identity for the purpose of asking the Commissioner of Taxation to validate information about the person under section 299TD .