Income Tax Assessment (1997 Act) Regulations 2021
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-45
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RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS
Division 393
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Farm management deposits
Subdivision 393-B
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Meaning of farm management deposit and owner
SECTION 393-20.02
393-20.02
APPLICATION FORM FOR A FARM MANAGEMENT DEPOSIT
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INFORMATION GIVEN TO DEPOSITOR
For the purposes of paragraph 393-20(2)(c) of the Act, a form used to apply to an FMD provider to make a farm management deposit must contain: (a) one of the statements set out in Part 1 of Schedule 1C ; and (b) statements to the effect of the statements set out in Part 2 of Schedule 1C ; and (c) statements setting out the additional information required by Part 3 of Schedule 1C .
For the purposes of paragraph 393-20(2)(c) of the Act, a form used to apply to an FMD provider to make a farm management deposit must contain: (a) one of the statements set out in Part 1 of Schedule 1C ; and (b) statements to the effect of the statements set out in Part 2 of Schedule 1C ; and (c) statements setting out the additional information required by Part 3 of Schedule 1C .
Note 1:
Subsection 393-20(2) of the Act requires a depositor to apply to an FMD provider to make a farm management deposit with the FMD provider.
Note 2:
Under paragraph 393-20(2)(c) of the Act, the statements required by this section to be included in an application form are to be read by the depositor when completing the form.
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