Document ID: chunk:federal_register_of_legislation:C2004A04745:body:0:p19
Version: federal_register_of_legislation:C2004A04745
Segment Type: other
Provision Reference: 
Character Range: 46591–49312

VA of the Income Tax Assessment Act 1936:

     (a) to have quoted his or her tax file number to Bank of South Australia Limited under Division 4 of that Part in connection with the investment; and

     (b) to have so quoted his or her tax file number at whichever is the later of the following times:

        (i) the time when the disclosure of the eligible tax file number information occurred;

        (ii) the time when the transfer of the investment occurred.

(2) For the purposes of subsection 202DG(2A) of the Income Tax Assessment Act 1936, if:

     (a) eligible tax file number information in relation to an investment is disclosed to Bank of South Australia Limited under this Subdivision; and

     (b) the eligible tax file number information is covered by paragraph 41(a);

the investor is taken to have actually quoted his or her tax file number under Division 4 of Part VA of that Act.

Modification of subsection 202EC(4) of the Income Tax Assessment Act 1936

45. If information covered by paragraph 41(e) is disclosed to Bank of South Australia Limited under this Subdivision, subsection 202EC(4) of the Income Tax Assessment Act 1936 has effect as if the reference in that subsection to subsection 202EC(1) of that Act included a reference to section 42 of this Act.

Subdivision B—Re-transfers to the State Bank of South Australia or to a designated subsidiary of the State Bank of South Australia

When Subdivision applies

  46. This Subdivision applies if:

    (a) an account or deposit with Bank of South Australia Limited is transferred, or is proposed to be transferred, to the State Bank of South Australia, or to a designated subsidiary of the State Bank of South Australia, under a re-transfer provision; and

    (b) the account or deposit is an investment to which Part VA of the Income Tax Assessment Act 1936 applies; and

    (c) immediately before the transfer or proposed transfer, the investor's tax file number is or will be taken, because of section 44, to have been quoted to Bank of South Australia Limited in connection with the investment for the purposes of Part VA of the Income Tax Assessment Act 1936; and

    (d) eligible tax file number information in relation to the investment was disclosed to Bank of South Australia Limited under Subdivision A.

Eligible tax file number information may be disclosed to the State Bank of South Australia

47.(1) This section applies if the investment is transferred, or is proposed to be transferred, to the State Bank of South Australia.

(2) Bank of South Australia Limited may disclose the eligible tax file number information in relation to the investment to the State Bank of South Australia if:

     (a) at least 22 days