74Objections

74 Objections

[Section 74 Repealed by No. 84 of 1999, s. 13, Applied:01 Jul 2000]

(1)  A non-prescribed Government Business Enterprise or a non-prescribed subsidiary aggrieved by a determination or calculation made under this Part or a ruling may lodge an objection with the Treasurer within 60 days after the Government Business Enterprise or subsidiary receives notice of the determination, calculation or ruling giving rise to the objection.

(2)  A non-prescribed Government Business Enterprise or a non-prescribed subsidiary which has lodged an objection may submit to the Treasurer written submissions and other information for his or her consideration in determining the objection.

(3)  The Treasurer may inform himself or herself on any matter relevant to an objection in such manner as he or she considers appropriate.

(4)  At the determination of an objection, the Treasurer may –

(a) dismiss the objection; or

(b) uphold the objection and amend or revoke the determination, calculation or ruling which is the subject of the objection.

(5)  Subject to this section, an objection is to be instituted, considered and determined as specified in the Treasurer's Instructions.

(6)  The decision of the Treasurer under subsection (4) is final.

(7)  Any appeal, objection or review process provided for in or under the Commonwealth Tax Act is not available to a non-prescribed Government Business Enterprise or a non-prescribed subsidiary.