Taxation Administration Act 2001
sec.48Particular administrators to notify commissioner of appointment
Start here
Get a plain-English read of sec.48
Turn the raw legal text into a practical explanation grounded in Taxation Administration Act 2001.
sec.48 Particular administrators to notify commissioner of appointment
A person who is appointed as administrator for the property of a taxpayer who has a tax law liability must, before the required date, give written notice to the commissioner of the appointment. Maximum penalty—40 penalty units. For subsection (1) , the required date is— 14 days after the administrator becomes aware, or should reasonably have become aware, the taxpayer has a tax law liability even if the extent of the liability is not then ascertainable; or the later date allowed by the commissioner. However, notice is not required in the circumstances prescribed under a regulation. (sec.48-ssec.1) A person who is appointed as administrator for the property of a taxpayer who has a tax law liability must, before the required date, give written notice to the commissioner of the appointment. Maximum penalty—40 penalty units. (sec.48-ssec.2) For subsection (1) , the required date is— 14 days after the administrator becomes aware, or should reasonably have become aware, the taxpayer has a tax law liability even if the extent of the liability is not then ascertainable; or the later date allowed by the commissioner. (sec.48-ssec.3) However, notice is not required in the circumstances prescribed under a regulation.
- (a) 14 days after the administrator becomes aware, or should reasonably have become aware, the taxpayer has a tax law liability even if the extent of the liability is not then ascertainable; or
- (b) the later date allowed by the commissioner.