Application for reporting transfer certificate
22K Application for reporting transfer certificate
Scope
This section applies if a corporation passes the reporting transfer test in relation to a facility.
Application
The corporation may apply to the Regulator for the issue to the corporation of a reporting transfer certificate in relation to the facility.
The corporation is not entitled to make an application unless the corporation has the written consent of the controlling corporation mentioned in paragraph 22J(f).
If:
the corporation is a member of a controlling corporation’s group; and
the corporation is not the controlling corporation;
the corporation is not entitled to make an application unless the corporation has the written consent of the controlling corporation.
Form of application
An application must:
be in writing; and
be in a form approved by the Regulator; and
set out such information as is specified in the form; and
be accompanied by:
the consent of the controlling corporation mentioned in paragraph 22J(f) to the making of the application; and
if subsection (4) applies—the consent of the controlling corporation mentioned in that subsection to the making of the application; and
a written statement, signed by an executive officer of the transferor corporation mentioned in section 22J, to the effect that the transferor corporation has agreed to give the applicant such information as is necessary for the applicant to comply with obligations that will be imposed on the applicant by this Act in relation to the facility if the certificate is issued; and
such information (if any) as is specified in the regulations; and
such documents (if any) as are specified in the regulations.
The approved form of application may provide for verification by statutory declaration of statements in applications.
The approved form of application may require the applicant to set out its Australian Business Number (within the meaning of the A New Tax System (Australian Business Number) Act 1999).
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