Commonwealth Consolidated Acts

TAXATION ADMINISTRATION ACT 1953 - SECT 14ZYB

             (1)  This section applies if the taxation objection is an objection under subsection 359-50(3) in Schedule 1 against the Commissioner's failure to make a private ruling and the Commissioner has not made an objection decision by the end of 60 days after the later of these days:

                     (a)  the day on which the taxation objection was lodged with the Commissioner;

                     (b)  if the Commissioner decides under section 14ZX to agree to a request in relation to the taxation objection--the day on which the decision was made.

             (2)  The Commissioner is taken, at the end of that 60 day period, to have disallowed the objection.