Reg 2.64 omitted by SR No 21 of 2002, reg 3 and Sch 1 item 27, effective 11 March 2002. Reg 2.64 formerly read:
REGULATION 2.64 INFORMATION ABOUT NOTICE OF NON-COMPLIANCE
2.64
If the Trustee of a PST receives a notice of non-compliance, the trustee must give to each unit-holder:
(a)
a statement of the circumstances (including details of the non-compliance) that gave rise to the issue of the notice; and
(b)
a statement of the effect on the PST of the issue of the notice (including details of the effect on the PST's taxation position); and
(c)
details of action that the trustee has taken, or proposes to take, to have the PST become a PST for the purposes of Division 2 of Part 5 of the Act; and
(d)
any information concerning the non-compliance that APRA requires to be given for the purposes of this paragraph.
[
NOTE: For the purposes of this regulation, a notice of non-compliance is a notice issued under section 40 of the Act stating that the entity is not a PST.]
Reg 2.64 amended by SR No 193 of 1998.