389‑20 Effect on reporting requirements 389‑20 Effect on reporting requirements under Subdivision 16‑C

#### 389‑20 Effect on reporting requirements under Subdivision 16‑C (1) An entity is not required to comply with a requirement of: (a) section 16‑150 (Commissioner must be notified of amounts); or (b) section 16‑153 (annual reports—other payments); or (c) section 16‑155 (annual payment summary); or (d) section 16‑160 (part‑year payment summary); or (e) section 16‑165 (payment summaries for superannuation lump sums and payments for termination of employment); or (f) section 16‑175 in relation to compliance with any requirements under section 16‑155, 16‑160 or 16‑165; to give a notice, report or statement to the extent that it would relate to an amount that the entity has notified under section 389‑5 or 389‑15. (2) However, paragraphs (1)(b), (c) and (e) do not apply, in relation to requirement to give a notice, report or statement relating to payments made in a \*financial year, unless, within 14 days after the end of the financial year, the entity makes a declaration to the Commissioner that: (a) states that the entity has notified under section 389‑5 or 389‑15 all the information that the entity would otherwise be required to give under sections 16‑153, 16‑155 and 16‑165 relating to payments made in the financial year; and (b) is in the \*approved form.