Retirement Savings Accounts Act 1997

PART 11 - TAX FILE NUMBERS  

Division 4A - Commissioner of Taxation may issue notices about tax file numbers  

View history reference

 View history note

 Hide history note

History

Div 4A heading substituted by No 158 of 2012, s 3 and Sch 4 item 44, effective 29 November 2012. The heading formerly read:

Division 4A - Incorrect quotation of tax file number

Div 4A inserted by No 15 of 2007, s 3 and Sch 1 item 283, applicable to the 2007-2008 income year and later years.

SECTION 143C   COMMISSIONER OF TAXATION MAY INFORM RSA PROVIDER OF TAX FILE NUMBER  

View history reference

143C(1)    
The Commissioner of Taxation (the Commissioner ) may give an RSA provider notice of the tax file number of a person if the Commissioner is satisfied that:

(a) the person is a holder of an RSA provided by the RSA provider, or a person applying to become such a holder; and

(b) the person has quoted (for superannuation purposes) (within the meaning of the Income Tax Assessment Act 1997 ) his or her tax file number to another person.

143C(2)    
However if, before the time the Commissioner gives the notice, the person specifically requests the provider not to record the person ' s tax file number:

(a) the notice is to be disregarded; and

(b) section 140A does not apply to deem the person to have quoted the tax file number to the provider when the notice was given.

Note:

A consequence is that provisions that require or permit a provider to record or use a validly quoted tax file number do not apply.

 View history note

 Hide history note

History

S 143C inserted by No 158 of 2012, s 3 and Sch 4 item 47, effective 29 November 2012.

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.