Document ID: chunk:federal_register_of_legislation:C2016A00054:clause:2_61:p3
Version: federal_register_of_legislation:C2016A00054
Segment Type: clause
Provision Reference: sch 2 cl 61 (pt 3/3)
Character Range: 71462–73329

Commissioner, as soon as practicable after the ruling is made.
 (2) If *Innovation Australia refuses to make a *private ruling under this Division, Innovation Australia must:
 (a) notify the *general partner as soon as practicable after the refusal; and
 (b) provide reasons for the refusal.

362‑40  Private rulings must contain certain details
 (1) A *private ruling under this Division must state that it is a private ruling.
 (2) A *private ruling under this Division must identify the entity to whom it applies and specify the activity to which it relates.
Note: Innovation Australia must tell the applicant which assumptions Innovation Australia made in making the ruling: see section 357‑110.

362‑45  Application of private rulings
  A *private ruling under this Division applies from the time it is published or from such earlier or later time as is specified in the ruling.

362‑50  Delays in making private rulings
 (1) The applicant for a *private ruling under this Division may give *Innovation Australia a written notice requiring Innovation Australia to make the ruling if, at the end of 60 days after the application was made, Innovation Australia has neither:
 (a) made the ruling; nor
 (b) told the applicant that Innovation Australia has refused to make the ruling.
 (2) The 60 day period mentioned in subsection (1) is extended in a circumstance applicable under the table by the extension period applicable to that circumstance. If 2 or more circumstances are applicable, ignore any overlap between the periods of extension.

Extending the 60 day period
Item                         If *Innovation Australia, during the 60 day period:                                                                                                                                                 The 60 day period is extended by the number of days in this period: