Income Tax Assessment Regulations 1997 (Repealed)

PART 2 - LIABILITY RULES OF GENERAL APPLICATION  

Division 31 - Conservation covenants  

REGULATION 31-15.02  

31-15.02   APPLICATION FOR VALUATION  
An application for a valuation under subsection 31-15(1) of the Act must:

(a) be in the approved form; and

(b) be lodged with the Commissioner; and

(c) include a copy of the conservation covenant; and

(d) include the application fee required by the approved form, which must not be more $1 000.

Note:

Section 995-1 of the Act provides that approved form has the meaning given by section 388-50 in Schedule 1 to the Taxation Administration Act 1953 . That section provides that an application under a taxation law is in the approved form if, and only if:

(a) it is in the form approved in writing by the Commissioner for that kind of application; and

(b) it contains a declaration signed by a person or persons as the form requires; and

(c) it contains the information that the form requires, and any further information, statement or document as the Commissioner requires, whether in the form or otherwise.