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INCOME TAX ASSESSMENT ACT 1997 - SECT 376.32

Minister may require information

  (1)   Either:

  (a)   before determining a company's * qualifying Australian production expenditure on a * film under subsection   376 - 30(1) for the purposes of the location offset; or

  (b)   before issuing a certificate to the company for the film under section   376 - 20 (certificate for the location offset);

the * Arts Minister may, by written notice given to the company, require that the company provide to the Arts Minister information specified in the notice.

  (2)   The information specified in the notice must be information that the * Arts Minister considers relevant to:

  (a)   determining the company's * qualifying Australian production expenditure or issuing the certificate to the company; or

  (b)   assessing the benefit of the film to the Australian screen industry.

  (3)   The notice must specify the time by which the information is to be provided (which must be at least 30 business days after the notice is given).

  (4)   The * Arts Minister may, on request by the company, extend the time by written notice given to the company.

  (5)   If the information is not provided by the specified time (including any extensions), the * Arts Minister may refuse to determine the company's * qualifying Australian production expenditure or issue the certificate to the company.



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