Document ID: chunk:federal_register_of_legislation:C2020A00064:clause:3_234
Version: federal_register_of_legislation:C2020A00064
Segment Type: clause
Provision Reference: sch 3 cl 234
Character Range: 70720–71284

234  Section 214‑15
Repeal the section, substitute:

214‑15  Requirement to give franking return—general
 (1) The Commissioner may, by legislative instrument, require each *corporate tax entity to which the instrument applies to give the Commissioner a *franking return for a specified income year.
 (2) An entity to which the instrument applies must comply with the requirement within the time specified in the instrument.
Note: The Commissioner may defer the time for giving the return: see section 388‑55 in Schedule 1 to the Taxation Administration Act 1953.