Commonwealth Numbered Regulations

TAXATION ADMINISTRATION REGULATIONS 2017 (F2017L01227) - REG 56

             (1)  An individual to whom subsection (2) or (3) applies must give a new declaration in the approved form to the entity mentioned in that subsection.

             (2)  This subsection applies to an individual if:

                     (a)  the individual gives to an entity a declaration under subsection 15-50(1) or (3) in Schedule 1 to the Act about a matter; and

                     (b)  the individual's circumstances change in relation to the matter.

             (3)  This subsection applies to an individual who:

                     (a)  gives a TFN declaration to an entity expressing a wish to reduce the amount withheld to correspond with the tax-free threshold (within the meaning of the Income Tax Rates Act 1986 ); and

                     (b)  becomes a foreign resident.