Document ID: chunk:federal_register_of_legislation:F2015L00566:reg:19
Version: federal_register_of_legislation:F2015L00566
Segment Type: reg
Provision Reference: reg 19
Character Range: 10328–10959

19  Transfer of amounts between an entity's accounts
 (1) This section applies to an untaxable Commonwealth entity if:
 (a) the entity gives its GST return for a tax period to the Commissioner; or
 (b) the Commissioner transfers a net amount to a bank account of the entity.
 (2) The untaxable Commonwealth entity must, as soon as practicable before the end of the next banking day after the entity gives the return or receives the net amount, transfer amounts between the entity's bank accounts, if necessary, so that the entity's bank account balances correctly reflect the entity's departmental and administered cash balances.