INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
View history note
Hide history noteThe Commissioner may, at any time, revoke a deduction exemption certificate or a deduction variation certificate, and where he does so, he shall, in writing, notify the person or persons to whom the certificate was issued of the revocation.
A person who is notified by the Commissioner under subsection (1) of the revocation of a certificate shall, within 14 days after he receives the notification, return the certificate to the Commissioner.
Penalty: $500.
221YHS(3) [Failure to notify revocation](a) before a prescribed payment is made to a person by an eligible paying authority, the person states a deduction variation certificate number or a deduction exemption certificate number in a payee declaration form given to the eligible paying authority; and
(b) the certificate is in force when the form is given; and
(c) after the form is given but before the prescribed payment is made, the certificate is revoked; and
(d) the person does not notify the eligible paying authority of the revocation before the prescribed payment is made;
the person is guilty of an offence punishable on conviction by a maximum fine of $2,000.
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