Document ID: chunk:federal_register_of_legislation:C2010C00584:clause:11_1
Version: federal_register_of_legislation:C2010C00584
Segment Type: clause
Provision Reference: sch 11 cl 1
Character Range: 156618–157776

1  After subsection 124ZAB(6)
Insert:

 (6A) The Minister may, by signed writing, revoke a certificate in respect of a proposed film that has been issued under subsection (3) if:
 (a) the person who applied for the certificate applies to the Minister for the revocation in the approved form; and
 (b) the person provides a statutory declaration stating that:
 (i) no taxpayer has claimed a deduction under this Division in respect of the film; and
 (ii) a final certificate in respect of the film has not been issued under this Division; and
 (iii) a taxpayer intends to claim a tax offset under Division 376 of the Income Tax Assessment Act 1997 in respect of the film; and
 (iv) financial assistance has not been provided by the Film Finance Corporation Australia Limited (incorporated under the Companies Act 1981 on 12 July 1988) in respect of the film.
A certificate that is revoked under this subsection is, for the purposes of this Act, taken never to have been in force.

Note: Revocation of a certificate under this subsection allows a person to claim the tax offset under Division 376 of the Income Tax Assessment Act 1997 in respect of the film.