Document ID: chunk:federal_register_of_legislation:C2004C01086:clause:1_1:p3
Version: federal_register_of_legislation:C2004C01086
Segment Type: clause
Provision Reference: sch 1 cl 1 (pt 3/4)
Character Range: 27876–30574

of which *withholding payments are made;
 (g) any other prescribed matter.

15‑35  Regulations about withholding

 (1) For the purposes of collecting income tax and the other liabilities referred to in section 11‑1, the regulations may specify the amounts, formulas and procedures to be used for working out the *amount required to be withheld by an entity from a *withholding payment covered by Division 12 (except one covered by section 12‑325).

 (2) The regulations may deal differently with:
 (a) different payments; and
 (b) different circumstances of the recipients of those payments; and
 (c) different periods in respect of which those payments are made.
This subsection does not limit subsection 33(3A) of the Acts Interpretation Act 1901.

Subdivision 15‑C—Declarations

Table of sections

15‑50 Declarations

15‑50  Declarations

Declarations about prescribed matters

 (1) An individual who:
 (a) expects to receive a *withholding payment covered by Subdivision 12‑B, 12‑C or 12‑D from an entity; and
 (b) wishes to have a prescribed matter relating to the individual's income tax or other liability referred to in paragraph 11‑1(b) or (c) taken into account by the entity in working out the *amount required to be withheld from the payment;
may give the entity a declaration about the matter in the *approved form.

When declarations under subsection (1) can't be given

 (2) The individual cannot give a declaration under subsection (1) unless:
 (a) a *TFN declaration is in effect between the individual and the entity, or a *voluntary agreement covers the payment; and
 (b) if the individual has given another entity a declaration on a prescribed matter—that declaration is not in effect.

Declarations changing information given in TFN declaration

 (3) If:
 (a) an individual has given a *TFN declaration to an entity; and
 (b) the individual made a statement about a prescribed matter in the TFN declaration; and
 (c) the individual's circumstances change in relation to the matter;
the individual may give the entity a declaration about the matter in the *approved form.

Regulations

 (4) The regulations may prescribe:
 (a) the matters about which a declaration under subsection (1) or (3) may be given; and
 (b) when a declaration under subsection (1) or (3) starts or ceases to be in effect; and
 (c) when a declaration under subsection (1) or (3) is taken to have been given.

 (5) If:
 (a) an individual gives an entity a declaration under subsection (1) or (3) about a matter; and
 (b) the individual's circumstances change in relation to the matter;
the regulations may also prescribe when the individual must give the entity a new declaration about the matter.