Coronavirus Economic Response Package (Payments and Benefits) Rules 2020

PART 2 - JOBKEEPER PAYMENT  

Division 5 - Administration  

SECTION 18A   CONFIRMATION OF GIVING OF INFORMATION - NOTICE TO FINANCIAL INSTITUTION  

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18A(1)    

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This section applies if a financial institution has notified the Commissioner in the approved form of information relating to an entity ' s entitlement to jobkeeper payments for one or more fortnights.

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History

S 18A(1) amended by FRLI No F2021L00305, s 4 and Sch 1 item 3, by substituting " a financial institution " for " an ADI " , effective 25 March 2021.

18A(2)    

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The Commissioner must give the financial institution a notice in writing stating that, in the Commissioner ' s opinion, the information:

(a)    satisfies the requirement in subsection (3); or

(b)    does not satisfy that requirement.

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History

S 18A(2) amended by FRLI No F2021L00305, s 4 and Sch 1 item 4, by substituting " the financial institution " for " the ADI " , effective 25 March 2021.

18A(3)    
For the purposes of subsection (2), the information satisfies the requirement in this subsection if it is comprised of any of the following:

(a)    information that the entity gave to the Commissioner;

(b)    information that the Commissioner gave to the entity.

18A(4)    

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The Commissioner must give the notice under subsection (2) within a reasonable time after receiving the notification from the financial institution.

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History

S 18A(4) amended by FRLI No F2021L00305, s 4 and Sch 1 item 5, by substituting " the financial institution " for " the ADI " , effective 25 March 2021.

18A(5)    
(Repealed by FRLI No F2020L00603)

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History

S 18A(5) repealed by FRLI No F2020L00603, s 4 and Sch 1 item 1, effective 22 May 2020. S 18A(5) formerly read:

18A(5)
Despite anything in this section, the Commissioner must not give a notice under subsection (2) after 22 May 2020.

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History

S 18A inserted by FRLI No F2020L00479, s 4 and Sch 1 item 1, effective 25 April 2020.

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