Document ID: chunk:federal_register_of_legislation:C2023A00101:clause:3_25
Version: federal_register_of_legislation:C2023A00101
Segment Type: clause
Provision Reference: sch 3 cl 25
Character Range: 50150–50808

25  Subsection 30‑35(4)
Repeal the subsection, substitute:

When notice must be given
 (4) You must give the notice within 30 days of the day on which:
 (a) you become, or ought to have become, aware that the event occurred (unless paragraph (1)(ba), (2)(ba) or (3)(ba) applies); or
 (b) if paragraph (1)(ba), (2)(ba) or (3)(ba) applies—you first have, or ought to have, reasonable grounds to believe that you have breached the *Code of Professional Conduct, and that the breach is a *significant breach of the Code.
Note: A breach of this subsection is a breach of section 8C of the Taxation Administration Act 1953 and of subsection 30‑10(2) of this Act.