Document ID: chunk:federal_register_of_legislation:C2025C00014:section:452:p2
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 452 (pt 2/2)
Character Range: 2097299–2098764

is made before the end of the period specified in the notice; and
 (b) at the end of the period, the Commissioner has not notified the company of the Commissioner's decision on the application;
the following provisions have effect:
 (c) if the Commissioner's decision is not notified to the company before the end of the retention period in relation to the statutory accounting period concerned—the Commissioner is taken to have extended the period under subsection (4) to the end of the retention period;
 (d) if the Commissioner's decision is notified to the company before the end of the retention period in relation to the statutory accounting period concerned—the Commissioner is taken to have extended the period under subsection (4) to the end of the day (in this subsection called the decision day) on which the Commissioner's decision is notified to the company;
 (e) if the Commissioner decides to extend the period—subject to subsection (6), the extended period must end after the decision day.
 (6) The period as extended under subsection (4) must end before the end of the retention period in relation to the statutory accounting period.
 (7) A reference in this section to the period specified in the notice is a reference to the period as extended under subsection (4).
 (8) A refusal or failure to comply with the notice is not an offence.
 (9) Subsection 262A(4) does not apply to records kept or obtained under or for the purposes of this section.