Document ID: chunk:federal_register_of_legislation:F2024L00550:reg:6:p4
Version: federal_register_of_legislation:F2024L00550
Segment Type: reg
Provision Reference: reg 6 (pt 4/5)
Character Range: 14994–17655

ITAA 1936.
Note: A person covered by subsection 6(7) must lodge a separate return for each person for whom they are an agent in addition to their own return (if they are required to lodge their own return).
 (8) Every person must lodge a return if they are liable to pay tax under Division 15 of Part III of the ITAA 1936 as an agent for a non-resident insurer or an agent for a non-resident reinsurer.
Note 1: A person covered by subsection 6(8) must lodge an aggregate return for their position as agent in addition to their own return (if they are required to lodge their own return).
Note 2: Section 148 of the ITAA 1936 deals with reinsurance with non-residents and imposes certain requirements to furnish returns.
 (9) Every person must lodge a return if during the 2024 year they were a head company of either a consolidated group or a multiple entry consolidated (MEC) group under Part 3-90 of the ITAA 1997.
 (10) Every person must lodge a return if they were a foreign resident (within the meaning of section 995-1 of the ITAA 1997) during the 2024 year and:
 (a) on 1 June immediately preceding the 2024 year had an accumulated Higher Education Loan Program (HELP) debt (within the meaning of section 140-25 of the HESA), an accumulated Trade Support Loan (TSL) or an accumulated Australian Apprenticeship Support Loan (AASL) debt (within the meaning of section 35 of the AASLA) or an accumulated VET Student Loan (VETSL) debt (within the meaning of section 23CC of the VETSLA); and
 (b) their income (including foreign-sourced income) was more than $12,887 for the 2024 year.
Note 1: A person covered by subsection 6(10) must also give a notice relating to their income (including foreign-sourced income); see subsection 154-18(3) of the HESA, subsection 47C(3) of the AASLA, and subsection 23ED(3) of the VETSLA.
Note 2:  Until 31 December 2023, the AASLA was named the Trade Support Loans Act 2014 and accumulated Australian Apprenticeship Support Loan (AASL) debts were known as accumulated Trade Support Loan (TSL) debts.
 (11)  Every person must lodge a return if they were an entity whose income is exempt from income tax under Division 50 of the ITAA 1997 during the 2024 year.
Note:  An entity to which subsection 6(11) applies must lodge an NFP self-review return 2024.
 (12)  A partnership return required under this instrument, including a foreign hybrid treated as a partnership by Division 830 of the ITAA 1997, must be lodged by the following:
 (a) all partners resident in Australia; or
 (b) any partner resident in Australia who satisfies the conditions set out below:
 (i) if all resident partners have equal individual interests in