Australian Capital Territory Numbered Acts

TAXATION ADMINISTRATION ACT 1999 (NO. 4 OF 1999) - SECT 43

(1)     The Commissioner may, on an application by—

        (a)     a taxpayer; or

        (b)     a person who acts, or proposes to act, as an agent for taxpayers of a specified class;

by written notice approve special arrangements that vary the provisions of a tax law in relation to—

        (c)     the lodging of returns; and

        (d)     the manner of payment of amounts of tax;

that are due under a tax law.

(2)     An approval, among other things, may—

        (a)     provide an exemption for the taxpayer or taxpayers from specified provisions of the tax law to which it applies; or

        (b)     authorise payments of tax to be made by return.

(3)     An application for an approval under this section shall be made to the Commissioner in a form approved by the Commissioner.

(4)     The Commissioner may grant or refuse an application.

(5)     The Commissioner shall not grant an application under this section for an arrangement consisting only of 1 or more of the following:

        (a)     an extension of time for lodgment of a return;

        (b)     a variation of a period covered by a return;

        (c)     an extension of time for payment of tax;

        (d)     an arrangement to pay by instalments;

        (e)     an approval of a means of payment.

Note:     These variations can be granted under sections 40, 52 and 122.