Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Where 2 persons are jointly entitled to the property or rights that constitute an investment to which this Part applies, neither person shall be taken to have quoted the person's tax file number in connection with the investment unless both persons have quoted their tax file numbers under this Division in connection with the investment.
(2) Where more than 2 persons are jointly entitled to the property or rights that constitute an investment to which this Part applies, all of the persons are to be taken to have quoted their tax file numbers in connection with the investment if and only if:
(a) where one of those persons has a tax file number and is not an exempt person in relation to the investment--that person has quoted that number, and at least one of the other persons is, for the purposes of this Part, to be taken to have quoted his or her tax file number, under this Division in connection with the investment; or
(b) where 2 or more of those persons have tax file numbers and are not exempt persons in relation to the investment--at least 2 of those persons have quoted their own tax file numbers under this Division in connection with the investment; or
(c) in any other case--at least 2 of those persons are, for the purposes of this Part, to be taken to have quoted their tax file numbers under this Division in connection with the investment.
(2A) A reference in subsection (2) to an exempt person in relation to an investment is a reference to a person who, for the purposes of this Part, is to be taken to have quoted his or her tax file number under this Division in connection with the investment although the person has not actually done so.
(3) This section does not apply in relation to persons who are jointly entitled to property or rights merely because they are partners in a partnership.
(4) This section does not apply in relation to investments
covered by section 202DDB.