Document ID: chunk:federal_register_of_legislation:C2006C00470:clause:1_3
Version: federal_register_of_legislation:C2006C00470
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 8547–10961

3                         The Commissioner may amend an assessment of a person (in the capacity of a trustee of a trust estate) for a year of income if the trust is an STS taxpayer for that year.                                                                   This item does not apply:
                          The Commissioner may amend the assessment within 2 years after the day on which he or she gives notice of the assessment to the person.                                                                                                     (a) if the person (in that capacity) is a partner in a partnership that carries on a business at any time in that year unless the partnership is an STS taxpayer for that year; or
                                                                                                                                                                                                                                                                      (b) if the person (in that capacity) is a beneficiary of another trust estate at any time in that year unless the other trust is an STS taxpayer for that year or the trustee of the other trust (in that capacity) is a full self‑assessment taxpayer for that year; or
                                                                                                                                                                                                                                                                      (c) if it is reasonable to conclude that any person entered into or carried out a scheme (either alone or with others) for the sole or dominant purpose of the person (in that capacity) obtaining a scheme benefit in relation to income tax from the scheme for that year; or
                                                                                                                                                                                                                                                                      (d) in any other circumstance prescribed by the regulations.
                                                                                                                                                                                                                                                                      This item is subject to items 5 and 6.