Document ID: chunk:federal_register_of_legislation:C2004C01310:clause:2_154a
Version: federal_register_of_legislation:C2004C01310
Segment Type: clause
Provision Reference: sch 2 cl 154A
Character Range: 408867–410308

154A  Use of tax file numbers

 (1) This section applies to the tax file number of an individual that is provided to the Secretary:
 (a) by the individual; or
 (b) by the partner of the individual; or
 (c) by the Commissioner of Taxation on the authority of the individual;
under a provision of this Act for the purposes of this Act.

 (2) The Secretary may provide to the Commissioner of Taxation a tax file number to which subsection (1) applies, or is taken to apply, for the purpose of being informed of the amount determined by the Commissioner to be the taxable income for that income year of the individual to whom the tax file number relates.

 (3) If:
 (a) a tax file number to which subsection (1) applies, or is taken to apply, is provided to the Commissioner of Taxation in respect of a particular income year; and
 (b) the Commissioner of Taxation determines the taxable income of the individual before the end of 2 years after the end of that income year;
the Commissioner may provide the Secretary with particulars of the income determined in respect of that individual and disclose that individual's TFN to the Secretary.

 (4) If a tax file number to which subsection (1) applies, or is taken to apply, is provided to the Commissioner of Taxation in respect of a particular income year, the Commissioner must, 2 years after the end of that income year, destroy the Commissioner's record of the tax file number so provided.