Commonwealth Consolidated Acts Commonwealth Consolidated ActsWhen section applies
(1) This section applies to an individual's account if:
(a) the balance of the account exceeds nil as at the end of a financial year; and
(b) the individual's current address is known to the Commissioner of Taxation.
Notification
(2) As soon as practicable after the end of the financial year, the Commissioner of Taxation must give the individual a written notice setting out the balance of the account as at the end of the financial year.