Bank account details or statement to be provided for claims for family tax benefit by instalment to be effective
7A Bank account details or statement to be provided for claims for family tax benefit by instalment to be effective
This section sets out the bank account requirement that must be satisfied in relation to a claim for the purposes of paragraph 7(2)(aa) (which states what is required for certain claims to be effective).
Requirement concerning bank account details
The requirement is that the claimant provide:
details of a bank account maintained by the person alone or jointly or in common with someone else into which instalments of family tax benefit are to be paid; or
a statement that the claimant will nominate, and provide details of, such a bank account within 28 days after the claim is made.
How details or statement to be given
The bank account details or statement must be provided in the claim.
Exemption from bank account requirement
The Secretary may determine that the requirement in subsection (2) does not apply to a claimant if the Secretary considers that it is appropriate to exempt the claimant from the requirement.
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.