When Subdivision applies
46 When Subdivision applies
This Subdivision applies if:
an account or deposit with Bank of South Australia Limited is transferred, or is proposed to be transferred, to the State Bank of South Australia, or to a designated subsidiary of the State Bank of South Australia, under a re-transfer provision; and
the account or deposit is an investment to which Part VA of the Income Tax Assessment Act 1936 applies; and
immediately before the transfer or proposed transfer, the investor’s tax file number is or will be taken, because of section 44, to have been quoted to Bank of South Australia Limited in connection with the investment for the purposes of Part VA of the Income Tax Assessment Act 1936; and
eligible tax file number information in relation to the investment was disclosed to Bank of South Australia Limited under Subdivision A.
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