Document ID: chunk:federal_register_of_legislation:C2017C00177:clause:4_12f
Version: federal_register_of_legislation:C2017C00177
Segment Type: clause
Provision Reference: sch 4 cl 12F
Character Range: 108252–108926

12F  Consequences if estimates no longer accurate
 (1) Treat a low income superannuation tax offset as never having been payable under subsection 12C(2) in respect of a person for an income year if:
 (a) the Commissioner obtains information after making the determination under section 13 that the tax offset was so payable; and
 (b) the Commissioner decides that, had the Commissioner obtained that information before making the determination, the Commissioner would not have made the determination.
Note: The tax offset will be recoverable under section 24.
 (2) The Commissioner must give the person written notice of the Commissioner's decision under paragraph (1)(b).