Document ID: chunk:federal_register_of_legislation:C2010C00222:clause:1_66:p2
Version: federal_register_of_legislation:C2010C00222
Segment Type: clause
Provision Reference: sch 1 cl 66 (pt 2/3)
Character Range: 24000–26762

under subsection (1) must be in the *approved form.

 (6) A statement must be given to the Commissioner on or before a day specified in the determination under subsection (7) for the statement.

Note: Section 388‑55 allows the Commissioner to defer the time for giving an approved form.

 (7) The Commissioner may determine, by legislative instrument, the day, on or before which, a statement under subsection (1) must be given to the Commissioner.

 (8) The day specified in the determination may be different:
 (a) for different kinds of *FHSA provider; and
 (b) in relation to any other matter.

 (9) Subsection (8) does not limit the way in which the determination may specify the day.

 (10) The *approved form may require a statement to contain the following:
 (a) the *tax file number of the *FHSA holder;
 (b) the tax file number of the *FHSA provider.

 (11) Subsection (10) does not limit the information that the *approved form may require a statement to contain.

Subdivision 391‑B—Transfer statements

Table of sections

391‑10 Statements about transfer payments between FHSAs etc.

391‑10  Statements about transfer payments between FHSAs etc.

 (1) This section applies if an *FHSA provider (the first provider) in relation to an *FHSA (the first FHSA) makes a payment from the FHSA:
 (a) to an FHSA provided by another FHSA provider, in accordance with section 35 of the First Home Saver Accounts Act 2008; or
 (b) to a *superannuation provider in relation to a *complying superannuation plan, in accordance with section 22 or 34 of that Act.

 (2) The first provider must:
 (a) give the other *FHSA provider or *superannuation provider a statement in relation to the payment within 7 days after the day on which the payment is made; and
 (b) give the individual for whose benefit the payment is made a statement in relation to the payment within 30 days after the day on which the payment is made.

Note: Section 286‑75 provides an administrative penalty for breach of this subsection.

 (3) A statement under subsection (2) must be in the *approved form.

Note: Section 388‑55 allows the Commissioner to defer the time for giving an approved form.

 (4) The *approved form may require the statement to contain the following information:
 (a) information relating to *personal FHSA contributions made to the first FHSA;
 (b) information relating to the FHSA holder, including whether the individual is in breach of the account balance cap and whether the condition in subparagraph 32(1)(c)(i) of the First Home Saver Accounts Act 2008 has been met in relation to the individual.

 (5) Subsection (4) does not limit the information that the *approved form may require the statement to contain.

 (6) The *approved form may require the statement