Document ID: chunk:federal_register_of_legislation:C2010C00151:clause:1_60a
Version: federal_register_of_legislation:C2010C00151
Segment Type: clause
Provision Reference: sch 1 cl 60A
Character Range: 76184–77094

60A  Registrar may refuse to accept election

 (1) The Registrar may refuse to accept the parent's election if the Registrar is satisfied that the amount the parent estimated at step 2 of the method statement in subsection 60(5) is likely to be less than the actual amount that would be the parent's adjusted taxable income for the remaining period if that period were a year of income.

 (2) In making the decision as to whether to refuse the election, the Registrar:
 (a) may act on the basis of information that the Registrar has received or obtained as to the financial circumstances of the parent; and
 (b) may, but is not required to, conduct an inquiry into the matter.

 (3) Except for the purposes of Parts VII, VIIA and VIII of the Registration and Collection Act (dealing with objections and appeals), if the Registrar refuses to accept an election, the election is taken never to have been made.