Document ID: chunk:federal_register_of_legislation:C2012C00919:clause:2_15
Version: federal_register_of_legislation:C2012C00919
Segment Type: clause
Provision Reference: sch 2 cl 15
Character Range: 54774–55470

15  After section 16‑155 in Schedule 1
Insert:

16‑156  Annual payment summary for sections 12‑175 and 12‑180
 (1) A trustee must give a *payment summary to a beneficiary of the trust, if the trustee made any *withholding payments covered by section 12‑175 or 12‑180 to the beneficiary during the income year.
 (2) The *payment summary:
 (a) must cover each of the *withholding payments mentioned in subsection (1); and
 (b) may be in electronic form; and
 (c) must be given:
 (i) not later than 14 days after the day by which the trustee was required to give the Commissioner a report under subsection 16‑152(1) for the income year; or
 (ii) within a longer period allowed by the Commissioner.