This is a schedule used to provide details and other information concerning the taxpayer for which there is no adequate field or label in the return.
It is used in numerous situations to provide qualifying information to the ATO. For example:
When a new partnership is formed, details of the partners need to be advised.
Where there are life assurance and friendly society bonus rebates being claimed, the details of each have to be sent.
For the details of a non-resident trust.