(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 .