Commonwealth Consolidated Acts

RETIREMENT SAVINGS ACCOUNTS ACT 1997 - SECT 143B

             (1)  The Commissioner may give an RSA provider a notice under subsection (2) if:

                     (a)  the provider has made a record of a number (the recorded TFN ) the trustee believes to be the tax file number of the holder of an RSA; and

                     (b)  the Commissioner is satisfied that the recorded TFN:

                              (i)  has been cancelled or withdrawn since it was quoted; or

                             (ii)  is otherwise wrong; and

                     (c)  the Commissioner is not satisfied that the holder has a tax file number.

             (2)  The notice must identify the holder and state that the Commissioner is not satisfied that the holder has a tax file number.

             (3)  If the Commissioner gives a notice under subsection (2), the Commissioner must give a copy of the notice to the holder.