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COMMONWEALTHRegulation
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s 54

When declarations cease to have effect

In force
Part 3Income tax (Chapter 2 in Schedule 1 to the Act)
Division 3Pay as you go (PAYG) withholding—Working out the amount to withhold
Subdivision FDeclarations

54 When declarations cease to have effect

(1)

If an individual who has given a declaration to an entity under subsection 15‑50(1) in Schedule 1 to the Act directs the entity in writing to disregard the declaration, the declaration ceases to be in effect.

(2)

If an individual who has given a declaration (the earlier declaration) to an entity under subsection 15‑50(1) in Schedule 1 to the Act about a matter, later gives another declaration about the matter to the entity, the earlier declaration ceases to be in effect.

(3)

If an individual who has given a declaration to an entity under subsection 15‑50(1) in Schedule 1 to the Act permanently ceases to receive withholding payments covered by Subdivision 12‑B, 12‑C or 12‑D in that Schedule from the entity, the declaration ceases to be in effect.

(4)

If an individual has given a declaration to an entity under subsection 15‑50(1) or (3) in Schedule 1 to the Act, the declaration ceases to be in effect if a TFN declaration made by the individual in relation to the entity ceases to have effect because of subsection 202CA(1B) or (1C) of the Income Tax Assessment Act 1936.

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