Document ID: chunk:federal_register_of_legislation:C2025A00009:clause:2_1:p16
Version: federal_register_of_legislation:C2025A00009
Segment Type: clause
Provision Reference: sch 2 cl 1 (pt 16/17)
Character Range: 91336–94147

review by ART of internal review decisions
 (1) An application may be made to the *ART for review of an internal review decision of the *Industry Secretary.
 (2) Subsections 108(2) and (4) of the Administrative Review Tribunal Act 2024 have effect for the purposes of this Act for:
 (a) an internal review decision as varied by the *ART under section 105 of the Administrative Review Tribunal Act 2024; or
 (b) a decision made by the ART under that section in substitution for an internal review decision.
Note: This means that the varied or substituted decision takes effect from the day on which the reviewable decision took effect (see subsection 419‑130(1) of this Act).

Subdivision 419‑F—Other matters

Table of sections
419‑140 Information sharing
419‑145 CMPTI community benefit rules
419‑150 Forms approved by the Industry Secretary
419‑155 Delegation by the Industry Secretary

419‑140  Information sharing
 (1) Each of the following regulators:
 (a) the *Industry Secretary;
 (b) the Commissioner;
may request the other regulator to provide them with information held by the other regulator that is reasonably necessary or convenient for the requesting regulator's administration of this Division.
 (2) The other regulator must comply with the request.
Note 1: The request could be an ad hoc or standing request, and the information requested could be general or specific.
Note 2: A disclosure enabling the Commissioner to comply with such a request is within an exception to the confidentiality provisions in Schedule 1 to the Taxation Administration Act 1953 (see section 355‑50 in that Schedule).

419‑145  CMPTI community benefit rules
 (1) The Minister may, by legislative instrument, make the following rules (the CMPTI community benefit rules):
 (a) rules that:
 (i) apply to companies within a specified class for an income year; and
 (ii) specify conditions that must be met for such a company to be entitled to a *CMPTI tax offset for the income year;
 (b) rules that:
 (i) apply to companies within a specified class for an income year; and
 (ii) specify circumstances that, if they exist for such a company, will reduce the amount of the company's CMPTI tax offset for the income year by a specified proportion.
Note: For subparagraph (b)(ii), different proportions may be specified for different circumstances (see subsection 33(3A) of the Acts Interpretation Act 1901).
 (2) In making the CMPTI community benefit rules, the Minister must have regard to the community benefit principles (within the meaning of subsection 10(3) of the Future Made in Australia Act 2024).
 (3) When doing so, the Minister is to treat this Division as if it were Future Made in Australia support (within the meaning of that Act).
 (4) This section does not apply if the Future Made in Australia Act 2024 has