Document ID: chunk:federal_register_of_legislation:C2006C00616:clause:2_143:p1
Version: federal_register_of_legislation:C2006C00616
Segment Type: clause
Provision Reference: sch 2 cl 143 (pt 1/3)
Character Range: 70404–73321

143  Before Part 5‑30 in Schedule 1
Insert:

Part 5‑25—Record‑keeping and other obligations of taxpayers

Division 388—Requirements about giving material to the Commissioner

Table of Subdivisions

388‑A Object of Division
388‑B General provisions

Subdivision 388‑A—Object of Division

388‑5  Object of Division

  The object of this Division is to set out requirements to ensure the integrity and efficiency of giving material to the Commissioner.

Subdivision 388‑B—General provisions

Table of sections

388‑50 Approved forms
388‑55 Commissioner may defer time for lodgment
388‑60 Declaration by entity
388‑65 Declaration by entity where agent gives document
388‑70 Declaration by agent
388‑75 Signing declarations
388‑80 Electronic notification of BAS amounts
388‑85 Truncating amounts

388‑50  Approved forms

 (1) A return, notice, statement, application or other document under a *taxation law is in the approved form if, and only if:
 (a) it is in the form approved in writing by the Commissioner for that kind of return, notice, statement, application or other document; and
 (b) it contains a declaration signed by a person or persons as the form requires (see section 388‑75); and
 (c) it contains the information that the form requires, and any further information, statement or document as the Commissioner requires, whether in the form or otherwise; and
 (d) for a return, notice, statement, application or document that is required to be given to the Commissioner—it is given in the manner that the Commissioner requires (which may include *electronically).

 (2) The Commissioner may combine in the same *approved form more than one return, notice, statement, application or other document.

 (3) The Commissioner may approve a different *approved form for different entities.

Example: The Commissioner may require high wealth individuals to lodge a different income tax return to that required to be lodged by an individual whose only income is a salary.

388‑55  Commissioner may defer time for lodgment

 (1) The Commissioner may defer the time within which an *approved form is required to be given to the Commissioner or to another entity.

 (2) A deferral under subsection (1) does not defer the time for payment of any amount to the Commissioner.

Note: Section 255‑10 allows the Commissioner to defer the time for payment of an amount of a tax‑related liability.

388‑60  Declaration by entity

  If you give a return, notice, statement, application or other document to the Commissioner in the *approved form, you must make a declaration in the approved form that any information in the document is true and correct.

388‑65  Declaration by entity where agent gives document

 (1) If a return, notice, statement, application or other document of yours is to be given to the Commissioner in the *approved form by an agent on your behalf, you must make a declaration in writing:
 (a)